Oil is Flashing a Huge Recession Warning
Oil is flashing a giant warning that a recession is right around the corner. Not only that, but every time we've seen a move like this in oil, it has been followed by a recession. Every time - since 1970. Will this time be different?
Chart Source: https://www.bloomberg.com/news/articles/2022-03-04/history-suggests-oil-shock-raises-probability-of-u-s-recession
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