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Contrary to nonsensical narratives constantly being pumped on MSM, the price of oil continues to be one of the most powerful indicators (among many) of #Quad4 U.S. economic reality.
Hedgeye CEO Keith McCullough pulls no punches discussing the plummeting price of oil and what it portends on The Macro Show this morning.
“I just want every economist to tell me what that means,” he says. “Is that demand accelerating? No, that’s the cycle.”
6 Comments
Keith's had his ass ripped by the quad 4 nonsense. Still spouting the garbage.
The billions going into the war in Ukraine isn't being used for diesel ?
My friends are now all rich and im left holding bags of cash cause of being bearish
Corporation price gouging, producing less and demanding higher prices, doesn't work for oil, and eventually wont work for the corporations in time
Could have should have. No crystal balls. My guess is a train wreck like Ohio soon for the global economy.
Hope you're ready for when Mr President Trump ends the so called war.