Surprise, surprise. Crude is up 80% since the last time OPEC lied about capping production. Since then, the slave owners have produced crude in a belligerent manner, unfettered even.
After today’s highly anticipated meeting, nothing had been accomplished. They just sat around, in their Gucci sandals, eating olives and unleavened bread, agreeing on nothing.
As such, crude is slumping and so are markets.
The SPY is down a whole 5 points right now.
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