The Biggest Recent Change in Global Macro

10/24/18 11:10AM EDT

The Biggest Recent Change in Global Macro - z34

Easily the biggest thing that’s changed in all of Global Macro in the last few weeks is the new Bearish @Hedgeye TREND break-down in WTI with Oil’s Volatility (OVX) spiking to 29.

Is this a headfake? Or the beginning of the end for one of the last Commodities to NOT be Bearish TREND in our model? The latter would be great for our bullish Long-term Treasury view.

The Biggest Recent Change in Global Macro - zooil

The Biggest Recent Change in Global Macro - market brief

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