Oil Driving Markets
Crude Oil is the key macro driver right now.
• S&P 500 and bond yields moving inverse to oil
• Rising oil → risk-off sentiment
• Falling oil → risk-on returns
Watch the Strait of Hormuz closely.
Crude Oil is the key macro driver right now.
• S&P 500 and bond yields moving inverse to oil
• Rising oil → risk-off sentiment
• Falling oil → risk-on returns
Watch the Strait of Hormuz closely.