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Regardless of your view on how much lower oil can fall, the key part is the shift in distributions and the reduction in tails for materially higher prices. This has implications for broader assets and Central Bank paths...
Zerohedge Debates
ZeroHedge Reads
Alt-Market
AntiWar.com
Bitcoin Magazine

How high can we push valuations before something snaps violently?

A basic supply-and-demand question: where will the money come from?

...markets reconcile ambition with economic scarcity...

A near-term shakeout back to the 50 DMA remains a high risk, in our view...

AI is likewise becoming one big short correlation trade...

Sharp reversals often reveal underlying stress that has been building beneath the surface long before it becomes obvious in the…