Jun. 24 at 3:53 AM
$AMZN $NVDA $SPY $QQQ Crude is already close to where we were pre-conflict.
Nobody was sure how long all that would last. I suspect that price shock could have sparked momentum of increased production, just by the industry reacting to the higher price. It means we could have a GLUT incoming, taking us below the prior
$55/barrel lows.
If true, this means inflation is going way down.