Hlib Chabaniuk

Oil price shocks tend to precede U.S. recessions, Brian Sozzi notes

Oil price shocks tend to precede U.S. recessions, Brian Sozzi notes
Oil price shocks precede U.S. recessions

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.

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