Markets hit weekly high right after Israel strike but low summer liquidity could trigger another brutal crash…
Oil is pointing to a new global deflation.
That I predict will be outside of central bank control aka. a mass deleveraging event. pic.twitter.com/Srkj9RtjbJ
— Mac10 (@SuburbanDrone) June 24, 2025
Today was the biggest down day for oil since the 2022 Ukraine invasion. Which means that oil has considerably more downside from here.
Pundits far and wide are saying the war is already over.
Perhaps.
However, stocks never priced in a war in the first place.
And as we see in… pic.twitter.com/OpWU2zPSlF
— Mac10 (@SuburbanDrone) June 23, 2025
They didn't see it coming last time. And they don't see it coming this time either.
Last Monday after Israel attacked Iran, that was the high of the week for global markets.
I would point out that this is the lowest liquidity period of the year, because it's summer and it's… pic.twitter.com/BuhNHbqaGd
— Mac10 (@SuburbanDrone) June 23, 2025
This is the biggest oil crash since global markets collapsed in April. Oil's inability to rally here should be a concern to every zombie in this market. pic.twitter.com/PhwBNK7lGZ
— Mac10 (@SuburbanDrone) June 23, 2025
Egg Prices have plummeted 67.5% since March 🐔🥚📉 pic.twitter.com/YpmPt3UGak
— Barchart (@Barchart) June 23, 2025