Oil Prices May Shock the Stock Market Again, Says Macro Veteran Jim Welsh
Video Overview & Insights
Stock market and macro analysis from Jim Welsh, publisher of Macro Tides with 40 years watching markets. The world missed a billion barrels of oil since February and Welsh says a shortage in peak summer driving season sets up a bounce toward the mid 70s. He called the February inflation spike and now sees CPI dipping below 3% by year end, which could trigger one final S&P high before a 10% drop. Plus gold's wave four bounce targeting 4,900 and why killing Fed forward guidance is a good thing.
DID SOMEONE SAY OIL???
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MR Welsh is about the best analyst I have seen to date. Everything he said here sounds very much likely to take place the rest of this year into 2027. He definitely knows his markets and charts.
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Oil prices can definitely shake up the market in the short term, but long-term investors are usually better off staying focused on the bigger picture instead of reacting to every headline.
Chapters
00:00 Jim Welsh joins: 40 years watching markets
Interesting how the guy who is wrong at every turn invites people who are also wrong at every turn
00:20 The oil selloff and why a shortage may be coming
02:44 OPEC raised output and oil did not drop: a tell
total BS...the strait is seeing a 75% reduction from pre war shipments...I dont care how much OPEC increases production its not shipping out.
04:44 If oil bounces, the S&P could drop 10%
05:59 CPI could dip below 3% by year end
"Iran has lost its appetite for fighting" ... well. They just attacked a third ship, so...
08:52 Is the economy showing wear or still solid?
12:39 The advance decline line just made a new high
If there is a shortage, wouldn't that create a short squeeze since almost all traders are currently shorting oil?
13:56 Kevin Warsh, the shortest Fed statement since 2007
16:15 Bonds and gold: near-term bottoms in a bigger trend
Hasn't it already fell 7%
17:47 Gold's wave four bounce targets 4,400 then 4,900
20:07 Why the Fed is right to kill forward guidance
This is ludicrous. Oil is down because Trump has broken the market with fear. It won't go up. However, the derivatives will outperform.
22:39 Forward guidance was accurate only 37% of the time
#tastylive #oil #gold #inflation #fed #macro #jimwelsh #tradingtrends #cpi #optionstrading
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