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But we saved everything 🙂.
Brian Sozzi highlights that every U.S. recession, except for the downturn during the pandemic, was preceded by an oil price shock.
This observation comes alongside a visual reference to research by Peter Berezin of BCA, as shared in the post.
Earlier this month, Sozzi reported that gold and oil prices climbed and Exxon shares rose 5 percent in premarket trading as markets reacted to Operation Epic Fury. He also covered Deutsche Bank’s projection that the S&P 500 could reach 8,000 by year end despite market pressure from recent events. These developments follow his recent focus on signals tied to oil and equity markets.