Its Over, page-23598

Each time Oil price front-run equities to the downside


Treasuries and and base metals price a recession as other asset classes, like stocks and credit do not. Who's right? If treasuries and base metals are jumping the gun that suggests there could be opportunities on the other side of each trade. If not, then stocks are a fade.

https://x.com/Mayhem4Markets/status/1832286810367521079

...When Oil starts to drop notably, our ears should perk up [ Oil fell -7% over the past week]

...Oil's big decline is a forerunner of adversity for economy & markets in the months ahead.

2008- Oil began falling from its peak in May 2008 coinciding with an acceleration of the GFC crash that began from Q3 2007
2020- Oil began falling from Dec 2019, equities crashed from Feb 2020
2022- Oil rose in reaction to the Russian invasion of Ukraine, and equities went the other way for obvious reason, but by May 2022, Oil started to turn south and equities were dragged down by negative sentiments over recession concerns which bottomed out by Oct 2022.

S&P 500 Index Chart — SPX Quote — TradingView
WTI Charts and Quotes — TradingView