🔁Mario Nawfal:
🚨🇺🇸MORGAN STANLEY WARNS: OIL CRASH SIGNALS RECESSION AHEAD
A sharp plunge in oil prices last week has Morgan Stanley flashing red — calling it a move “rarely seen outside of recessions.”
Brent crude dropped over 12.5% in just 2 days, a collapse that’s only happened 24 times since 1988 — and 22 of those were tied to recessions.
Analyst Martijn Rats says the only exceptions were Iraq in 2003 and the post-peak correction in 2022. This isn’t one of those.
Source: NBC News
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
🚨🇺🇸MORGAN STANLEY WARNS: OIL CRASH SIGNALS RECESSION AHEAD
A sharp plunge in oil prices last week has Morgan Stanley flashing red — calling it a move “rarely seen outside of recessions.”
Brent crude dropped over 12.5% in just 2 days, a collapse that’s only happened 24 times since 1988 — and 22 of those were tied to recessions.
Analyst Martijn Rats says the only exceptions were Iraq in 2003 and the post-peak correction in 2022. This isn’t one of those.
Source: NBC News
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
19 days ago
