
Econ Data, Metals Melt & Disney Earnings
MRKT Matrix
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The Debt Ceiling and Energy Prices
In a classic recession scenario, you'd expect energy to drop more. I am actually constructive on energy, at least into and maybe a little bit past the debt ceiling. If that scenario plays out where they start refilling the SPR, it may be good for crude oil. It could be like a classic sort of short squeeze.
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