Mike McGlone
Mike McGlone|Mar 05, 2025 14:42
More Gain With Minimal Pain? Swift bounces in #Bitcoin and the S&P 500 from 200-day moving averages appear just too easy for sustained upside, with implications for #Crudeoil. Crude is in a bear market and a roll over in risk assets may add to deflationary forces buoying #gold and T-bonds. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/sslj4bt0afb4 {BI COMD} #commodities #energy #macroeconomics @BBGIntelligence
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