2022-06-13

Bear Market Microcosm at 11 AM

A microcosm of what's been happened all year unfolded between about 11am and 11:45am this morning. Stocks rallied, but crude exploded higher on that rally and bonds collapsed. The bull move in stocks aborted.
Crude oil has to come down for the markets to stabilize.
Posted by at 12:16 PM
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