Is It a Function of the Ballooners?

I think this will be a non-story. The one thing I'd be focused on is the fact that crude oil is about to make a new 52-week low. A lot of those trades that are associated with the China reflation trade have kind of lost some steam here a little bit, you know. And so to me, there was a lot of excitement in the markets last month, global markets, about what the pivot from zero-covid men were going to do. But right now, I feel like that there are a lot of question marks, especially at Blinken.