Oil FALLS To $50! Down 30% in 7 Weeks! Stocks FALL Again as Tech Shares Drop!

Sharing is Caring!

Economic weakness is spreading from one asset to another. Finger pointing has begun and it’s going to become more heated as things get worse. Housing is being built at a record pace even though inventory is building up. Funds are watching their tech heavy portfolios see money fleeing in search of safety over growth potential. Oil is dropping and it doesn’t seem to slow down at all. This should make for an interesting remainder of 2018.

Do you think it’s coincidental that the year of QT happens to coincide with the year stocks have gone down? Or is central bank Quantitative Easing and the stock market completely correlated?

READ  NOT BAD ENOUGH: This was one of the worst weeks for China on the world stage in a while.

Dow falls more than 150 points, posts worst Thanksgiving week decline since 2011

www.cnbc.com/2018/11/23/stock-markets-dow-set-for-losses-as-trading-resumes-for-half-day.html

Markets: Indexes, Bonds, Forex, Key Commodities, ETFs

www.cnbc.com/markets/

Oil plunges about 8 percent to lowest level in more than a year

www.cnbc.com/2018/11/23/oil-prices-slump-to-their-lowest-level-of-2018-even-as-opec-considers-cuts.html

nasdaq.websol.barchart.com/?module=chartImage&rawOutput=1&symbol=CL*1&width=450&height=286&startDate=1535076629&endDate=1543029029

2018-11-23_6-17-47.jpg (890×471)

www.zerohedge.com/sites/default/files/inline-images/2018-11-23_6-17-47.jpg?itok=PgFKKexJ

2018-11-23.jpg (890×472)

www.zerohedge.com/sites/default/files/inline-images/2018-11-23.jpg?itok=iV7yjNpd

GK1.png (1618×590)

blog.evergreengavekal.com/wp-content/uploads/2018/11/GK1.png

tech flows nov 23.jpg (742×561)

www.zerohedge.com/sites/default/files/inline-images/tech%20flows%20nov%2023.jpg?itok=yK3k87Q5

tumblr_inline_pingitboTD1sq14jh_500.jpg (500×323)

66.media.tumblr.com/f9183c9629a92d6d493658391a438d48/tumblr_inline_pingitboTD1sq14jh_500.jpg

 

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.