Been watching oil these days and it feels like it keeps grinding higher. I was looking at futures earlier and it’s not just WTI, Brent and even gasoline are all moving up together.
With all the geopolitical issue going on and supply uncertainty, I’m starting to wonder if oil is becoming the real macro driver again. If energy keeps pushing, that probably feeds back into inflation expectations, which could mess with rate cuts and tech valuations.
At the same time, headlines flip so fast that oil also feels super reactive to news, not just a clean trend.
Do you guys see this as a longer-term macro risk building, or more of a short-term event-driven trade? Is oil something you’re actively watching right now?
https://i.redd.it/gj1mscs7tisg1.jpeg
Posted by TeoNahmad
1 Comment
Holy shit dude I think you’re onto something. Do you think this is the cause for the recent market selloff??