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David Bird draws attention to a chart showing oil prices against the Dow Jones Industrial Average over the last 100 years.
He observes that there have only been three previous instances where oil was as inexpensive relative to U.S. equities as it is now, suggesting that oil is currently historically cheap compared to the broader equity market.
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Bird has previously analyzed market behavior during key events, noting in August that gold’s price drop at Jackson Hole followed technical patterns rather than headlines. In another instance, he warned that hesitation to buy Bitcoin in October 2026 could echo missed opportunities from past cycles. His coverage often focuses on identifying value discrepancies across major asset classes.