Pretty large breakout on $OIL, rising +20% in the past week alone. A sustained higher OIL price would be pretty bad all things considered. It could also see inflation tick back up again if it really takes a while. But in the short term, OIL will be a very good estimate of how the situation is unfolding and whether it is de-escalating or not.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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