Tech2Trade
6.7K posts
@tech2_trade
MetaTrader Expert Advisor – Automatic Trading System (MTS, Forex IA, EAs)
🚨The US stock market has never been this OVERVALUED: The Buffett Indicator, which measures total corporate equities relative to GDP, rose to 232.6%, the highest level in history. This is well above the 2000 Dot-Com Bubble peak of 162.6% and the 2021 market frenzy high of 218.7%. Since the Great Financial Crisis low, the ratio has risen +163.6 percentage points, or more than 3 times. US equities are in uncharted territory.
BREAKING: US oil prices extend losses to nearly -6% on the day and drop below $94/barrel. Oil prices are now down -11% since the US Military's "blockade" of the Strait of Hormuz began 24 hours ago.
OIL PRICES SET TO SKYROCKET: IEA SAYS WAR CRISIS SEVERITY NOT YET PRICED IN Oil prices sit near $100 a barrel after a stunning 64% rally this year. But the International Energy Agency says they still fall far short of reflecting the true scale of the Iran war supply crisis. Executive Director Fatih Birol just delivered the warning everyone needs to hear. THE UNPRECEDENTED SUPPLY CRISIS ➡️ About 13 million barrels a day of oil supply have been shuttered by the conflict and near-closure of the Strait of Hormuz. ➡️ The Paris-based agency calls this the biggest supply disruption in history. ➡️ Over 80 energy facilities lie damaged from the hostilities. THE LONG RECOVERY NIGHTMARE ➡️ Full repairs could take as long as two years. ➡️ IEA members like the U.S., Japan, and Germany already released emergency stockpiles last month to calm markets. ➡️ Yet Birol makes clear this is only a temporary patch. THE PRICE DISCONNECT WARNING ➡️ “Prices are already high, but they are not reflecting the severity of the problem — I agree there is a disconnect,” Birol said. ➡️ “But I think soon we will see they will converge, which is an extremely sensitive issue for the global economy.” ➡️ That convergence is coming fast. THE BOTTOM LINE The IEA has confirmed what markets refuse to fully accept: current oil prices ignore the historic damage and massive ongoing losses from the Iran war. The global economy is about to feel the real cost. #OilCrisis #IEAWarning #IranWar #OilPrices #SupplyShock #StraitOfHormuz #EnergyCrisis
Even if a deal is signed tomorrow, oil does not go back to $70. Here is why. OPEC+ output fell 7.9 MILLION barrels per day in March alone. Global inventories dropped 155 million barrels during the Strait closure. That supply gap takes months to refill. A peace deal removes the war premium. It does not remove the supply hole. $85-90 is probably the floor. Not $70.
BREAKING: March PPI inflation rises to 4.0%, a two-year high.
