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Crude flips again just as retailers warn and business sales drop.

Eurodollar University

00:00

Introduction

We associate recessions with the worst parts without realizing that there's really usually a very slow buildup to it. WTI is back in Contango again, which tells us what to expect about China reopening and global economic situation. We're getting all sorts of warning signs that tell us that maybe we're in that part where it's been slowly at first, and we're moving toward the dreaded all at once.

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