The alarming dollar connections between oil plunge and Germany's sudden and shocking collapse.

May 8, 2023

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It was not a good week for long oil traders or those betting on the economy and inflation. Prices were down huge Monday and Tuesday last week before suffering a flash crash Wednesday/Thursday. These together implicate bad liquidity as much as bad economy. As does the utter and worrisome collapse in Germany's goods sectors.

Eurodollar University's Weekly Conversation w/Steve Van Metre

Bloomberg: Oil’s Dramatic Open Leaves Traders Puzzled After WTI Crashes
https://www.bloomberg.com/news/articles/2023-05-04/crude-oil-s-dramatic-open-leaves-traders-puzzled-after-wti-crashes

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Jeffrey Snider (The Promoter) is acting as a promoter for an investment advisory firm, Atlas Financial Advisors, Inc. (AFA). Jeffrey Snider is affiliated with AFA as a promoter only and is not in any way giving investment advice or recommendations on behalf of AFA. The Promoter is being compensated by a fee arrangement: The Promoter will receive compensation on a quarterly basis, based on the increase in account openings that can be reasonably attributed to the Promoter's activity. The Promoter will not be receiving a portion of any advisory fees. The Promoter has an incentive to recommend the Adviser because the Promoter is being compensated. The opinions expressed on this site and in these videos are those solely of Jeffrey Snider and Eurodollar University and do not represent those of AFA.