WTI $78 today.
WTI $78 on Jan 5, 2022. This price- before Russia invaded Ukraine.
$78 today with shortages, potential shut-ins, geopolitical risk galore, a tenuous deal/non deal to fully open the SOH, and oil transit not returning to normal for months regardless of a deal being finalized.
@LukeGromen I don't think there is a deal.
Even if there was a deal, it would not hold.
Even if deal held, oil would not flow normally for months.
This is not priced in.
🇺🇸 World Cup price gouging is out of control! There is nothing enjoyable about spending your life savings on a sporting event!
It’s supposed to be fun and not cost your first-born child!
For the past decade AI development has been living off of your 401K's. They've burned through every dime of your retirement savings and are no where close to being able to pay you back. When the AI bubble bursts, they'll run and hide and leave the average American penniless.
Notable Historical Example of the Long-Awaited Largest IPO in History: AT&T
AT&T Wireless (April 2000): This was the largest U.S. IPO at the time ($10.6 billion raised). It came right after the Nasdaq’s all-time peak in March 2000 during the dot-com bubble. The market soon crashed, with the Nasdaq plunging 78% by late 2002 as the bubble burst. This is a textbook case of a mega-IPO marking the top.
Concerning?
Is SpaceX the catalyst?
Gated and Trapped: The Next Private Credit Redemption Crisis Knocks on the Door.
June 30 Deadline.
Backlog: Investors who were blocked or "gated" earlier in the year must resubmit by this date, creating a massive backlog.
Charts look dire.
Round 2 inbound.
If you see a helicopter towing one of these over your neighborhood, bad news: your town is getting a data center. They’re running airborne electromagnetic surveys to map groundwater in the area.
TRANSLATION: figuring out how much water they can divert before people notice.
INVESTORS ARE RUSHING TO EXIT PRIVATE CREDIT FUNDS — WITHDRAWAL REQUESTS HIT RECORD HIGHS IN Q1 2026, WITH SOME FUNDS SEEING OVER 40% OF CAPITAL TARGETED FOR EXIT