Trade War Toilet Flush The tariff toilet flush has begun. 🚽 Don't get sucked down the drain into the sewer.
Let's look at oil. While things LOOK bad now, if we are headed to a true recession, look at the medium and long term supports for likely targets.
It feels like this "trade war" is a great cover for everyone to hide their dirty laundry in a growing pile of dirty laundry. I feel like the AI unwind has been going on for a while, and we had to "repay" all the printed money at some point.
DON'T PANIC. Look at previous crashes (dotcom bubble, GFC) for guidance of what things look like on the way down in a true crash. They want us to panic so they can buy things for dirt cheap then ride it all the way back up.
