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Oil Spikes, Stocks Suddenly Dump During Warsh Hearing
Oil Spikes, Stocks Suddenly Dump During Warsh Hearing
It's unclear what exactly is driving but the markets are reverting back to old habits this morning with oil spiking...
...dragging Treasury yields higher...
Stocks are tanking...
And so is gold...
There were no obvious geopolitical headline catalysts for the move - though uncertainty remains high about the next 24-48 hours in the Middle East.
Some have suggested the following comment from Fed Chair nominee Kevin Warsh may have helped (or hindered): “There’s probably no more pressing question than the cost of living.”
Though that does seem like...
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Mar 22, 2026 / Tyler Durden
Oil & Stocks Mixed To Start Week As War Escalates & Gamma Unclenches
Oil & Stocks Mixed To Start Week As War Escalates & Gamma Unclenches
Update (1845ET): After an initial kneejerk higher in oil and lower in stocks, things have settled a little with both hovering around unch...
Brent is sliding a little from Friday's highs...
Equity futs are back around unch...
There's a long way til dawn...
* * *
Following a weekend where geopolitical headlines swung from "winding down" (Friday after the close) to threats, deadlines, and "obliteration" tit-for-tat talk suggesting no end in sight, it is perhaps no surprise that oil prices are up...
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Feb 21, 2026 / Mark Thornton
Four-Letter Economic Words
Seven four-letter words: one clear roadmap for staying productive, solvent, and sane in chaotic times.
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Mar 2, 2026 / Herbert Spencer
Patriotism
“When men hire themselves out to shoot other men to order, asking nothing about the justice of their cause, I don’t care if they are shot themselves.”
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