Oil prices and the war
22 segments
It's It's just seems to me that, you
know, on a good headline, the market
rallies like this week, and next week,
you know, we're bombing again, and the
market goes down.
>> Yeah, I I I think people I you know, I
have no special insight here. I frankly
I was shocked at how quickly oil prices
came down when it seemed when you had
this memorandum of understanding.
Because a lot of the supply issues I in
my opinion, from what I understand, are
going to be there whether the war ends
tomorrow or or not. So, you're going to
have a bid in the price of oil. Um which
is the main issue. But I think, Steve,
you're absolutely right. I I don't know
if there's any rhyme or reason to it,
mainly cuz people It's a tennis match,
right? It's one day it's on, one day
it's off. It's And how does How do you
How do you know?
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This segment discusses the unpredictability of market reactions to geopolitical news, particularly concerning oil prices and the ongoing conflict, describing the current market atmosphere as a volatile 'tennis match'.
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