MacroVoices #315 Joseph Wang: Post-FOMC Rundown
Macro Voices
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Crude Oil Market Correction
Crudoyles back above a hundred. Was that just one big, strong market correction in a primary bull trend or did something change? Well, i think it was a market correction. It had a very specific causality behind it. institutional money couldn't justify being in this market until you got a new entry point regardless of war risk. That was low nineties. We got that number,. i think the reason we saw such a big drawdown, patrick says.
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