No one is talking about this geopolitical escalation.
It's the US blockading Venezuelan oil tankers.
Suddenly, Russia and China are involved too.
The implications on oil and equities are hugeβ¦ π
https://t.co/d9PZqNX0WI
So many smart, well-informed pundits got the recession call wrong, and here's why:
This cycle has been asynchronous and the models are all wrong.
Shoutout @crossbordercap for his work on global liquidity - an important driver of equity flows!