Markets have been reacting to policy maker actions since 2008.. and even more so since 2015… and not much else. Question should be “Are policy makers taking into account oil price?”
Look at FED to relax easing.. or maybe not accelerating it enough as a time to short us equities. Look at LQD.. TIPs.. VIX.. GSR.. they will tell you when markets are fragile and ready to be shorted.
I’ve been saying it since day one – the economic destruction being wrought by this virus is being severely under-estimated. The stock market will care about the oil price very soon. Forget about any ideas you may have of a ‘V’shaped recovery.
I should add – as I’ve said before, the virus was just the pin that burst the bubble, BUT, the type of pin does matter. This isn’t just one small pin, it’s multiple enormous pins all over the enormous bubble. The holes they are creating cannot be plugged.
It feels like it’s hanging by a thread lol. I say let’s drop and get it over with!!
Fully, didn’t you mean the SHOCK MARKET???
Shock market – hahahahaaa!
Good one, North…
According to Rick’s Picks, short covering is the only prop this dog has left…
Markets have been reacting to policy maker actions since 2008.. and even more so since 2015… and not much else. Question should be “Are policy makers taking into account oil price?”
Look at FED to relax easing.. or maybe not accelerating it enough as a time to short us equities. Look at LQD.. TIPs.. VIX.. GSR.. they will tell you when markets are fragile and ready to be shorted.
As Per George Gammon..The FED is Buying Stocks.
They are giving free money to hedge funds to BUY !!!
The Last Time This Happened To Oil, Stocks Collapsed 30%
https://www.zerohedge.com/markets/last-time-happened-oil-stocks-collapsed-30
I’ve been saying it since day one – the economic destruction being wrought by this virus is being severely under-estimated. The stock market will care about the oil price very soon. Forget about any ideas you may have of a ‘V’shaped recovery.
I should add – as I’ve said before, the virus was just the pin that burst the bubble, BUT, the type of pin does matter. This isn’t just one small pin, it’s multiple enormous pins all over the enormous bubble. The holes they are creating cannot be plugged.