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A break in oil = a break in rates

NYMEX:CL1!   Light Crude Oil Futures
Crude oil is the #1 input to inflation, meaning a breakdown in price should lower the future expectations in inflation. If inflation expectations fall, bond yields fall. If bond yields fall, rates across the board fall. Stocks are forward looking, the bottom may be in if inflation eases and yield fall from here. In the this scenario, a retest of the lows is possible for both stocks and crypto.

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