In case you missed it, Oil was the best macro factor exposure you could have invested in for many months.
Yesterday, Oil Volatility (OVX) broke out and Oil (WTI) broke Trade. Keith McCullough isn’t emotional or sentimental. He’s just doing what the Signals suggest. After all, they’re just tickers—pieces of inventory.
“People say, ‘Oh, it’s because of this or that,” he explains in this clip from The Macro Show. “I don’t care what it was. It was what it was. It’s not a problem with the process. It’s just what happened.”
Watch the full clip above.
