Tech2Trade

Global oil inventories are down by half a billion barrels. Oil prices are unlikely to "go right back down to where they were" when the Iran war is over.

🚨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.

Oil is now back below $100… but for how long?

People want oil to rise so the stock market crashes but when the real crash comes both Will drop at same time

Day 48. The war was supposed to end in 2 days. Are we just going to run 10-15 million barrel deficit per day to perpetuity and pretend it doesn’t matter for global economy?

Headlines: the Strait of Hormuz is still closed. The one tanker that went through turned around. Oil price: down 3% anyway.

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.