I have nearly the 100% opposite opinion on many of these issues haha.
Oil is a bit of scapegoat I think. All commodities are on basically all time lows. Value of real assets across the board has been generally plummeting.
Hard to know how much of this is proxy selling of the Chinese economy -- I suspect a bit; it's perhaps a plausible outcome for Chinese stocks to plunge much further and have commodities RALLY out of it on the unwind.
Oil is a bit of scapegoat I think. All commodities are on basically all time lows. Value of real assets across the board has been generally plummeting.
Hard to know how much of this is proxy selling of the Chinese economy -- I suspect a bit; it's perhaps a plausible outcome for Chinese stocks to plunge much further and have commodities RALLY out of it on the unwind.