If global growth slows, in particular China, demand for natural resources like iron ore, steel, crude drop. Notice how BHP FMG hardly moved and RIO closed green. The tariffs stocked fears of a global slowdown yet our big miners hardly blinked.
Trump and his inner circle made sure it was oil that would get targeted in a certain way through specific instruments.
One snake exits the WH and another enters.
WDS Price at posting:
$20.43 Sentiment: Buy Disclosure: Held
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