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Showing posts with the label oil stocks

Fitch downgrade of U.S. debt strips off their AAA rating, now AA+. Growth/Spec stocks sell off, 2% 10 YR Yield and USD rally. The 10 YR yield is now at 4% before the SVB bailout. U.S. oil stocks are at the lowest in history, will eventually show up in the oil price.

Is the Oil price showing signs of a global recession looming?

The Japanese YEN is about to lose its safe haven appeal, as oil inflation will hit Japan like a freight train. Could it lead to an economic crisis?

Oil to bid above $102 in less than a day?