Postingan

Yesterday the market was terrified, and today it started scrambling to accumulate again. Why? It's not because the economy suddenly improved, but because oil prices fell. Brent crude dropped 4.7% in a single day, and U.S. stocks immediately rallied: 🔥 Nasdaq up 2.1% 🔥 S&P up 1.5%, just about 0.1% away from an all-time high 🔥 Dow up nearly 700 points, hitting a new closing high Now the market’s switch is very clear: Oil price up = worries about inflation, worries about rate hikes, tech stocks get hit; Oil price down = inflation pressure eases, funds buy back growth stocks. So don’t just focus on tech stocks; going forward, you should pay more attention to crude oil and U.S. Treasury yields. They are the real remote controls for global risk assets right now.