Nice but I don't think a higher oil is translating to better SP performance in the case of SXY. Not anymore, anyway, since the divestment of the Cooper assets. This is likely to work against us, actually, as money flows out into far more cyclically exposed businessed.
Being punished for building a more stable and resilient business. Makes sense.
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Nice but I don't think a higher oil is translating to better SP...
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