Its Over, page-12903

  1. 22,825 Posts.
    lightbulb Created with Sketch. 2072
    Sure a demand projection made in 2020 lol, before the oil price spike and no forecast nor projection of an impending recession.

    Economics 101 - higher price, lower demand.

    Lower price (Ukraine ceasefire) = energy stock tanks,

    Higher price (Further sanctions/ geopolitical escalation) or High price staying longer = demand destruction, recession and oil price plunges

    Both ways, losing proposition. It is only a matter of time.

    If we are to value all stock valuations based on previous assumptions made when the global economy was in a better place, we can remain complacent and lull into a false sense of security.
 
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