Here's What Could Happen as Complacency Runs Rampant
A change in market behavior is in action as oil appears to top out and Treasuries, gold, and the U.S. dollar have all managed to grind higher together.
We have been noting a strong correlation between stocks and crude oilNow that oil is showing signs of topping out, it feels like a correction in the S&P 500 is likely on the horizonWe have seen few meaningful corrections in stocks since the financial crisis, although one could argue the March 2020 pullback should count as two because of the shock ...
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