Oil is still the macro king driving everything right now
If the peace dividend narrative holds post-midterms, oil keeps bleeding → massive ripple effects across the board
Lower oil = Fed gets breathing room to pause Dec 9th
Sustained oil drop = cooler CPI prints = equities and crypto rip
Bottom line: cheap oil will ignite the next major rally. We've been trending right for a week straight. Watch this space.
If the peace dividend narrative holds post-midterms, oil keeps bleeding → massive ripple effects across the board
Lower oil = Fed gets breathing room to pause Dec 9th
Sustained oil drop = cooler CPI prints = equities and crypto rip
Bottom line: cheap oil will ignite the next major rally. We've been trending right for a week straight. Watch this space.