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rvnboy
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2023-08-01 16:05:14

rvnboy on Nostr: Economic activity is energy transformed. Stocks love falling energy prices (uptrend ...

Economic activity is energy transformed. Stocks love falling energy prices (uptrend in the chart below). When crude oil rallies more than equities (downtrends in the chart below), bad things tend to happen in capital markets. Today, crude oil is outperforming the S&P. Careful out there.

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