...Dow may be up +300pts, but Oil with WTI Crude @$60 and Brent@$63 is telling us we should be concerned with Demand Destruction.
...AUD (Risk On/Off indicator) is also waning below 64c and could begin falling if we get another dovish CPI data this morning 11:30am AEST.
Oil is getting obliterated. "Didn't see that coming"
https://x.com/SuburbanDrone/status/1917328600753398061
