No one in the oil industry wants to crash this party after what they’ve been through since 2014 when surging US production caused the price to collapse.
“Tech” real-estate broker Compass and “tech” renters-insurance-seller Lemonade collapsed too. All eyes on Better.com’s delayed SPAC deal. I can’t wait.
The most reckless Fed ever is still just watching – and fueling – the consequences of 23 months of policy errors as the Inflation Monster gets bigger and bigger.