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Tag: Oil

  • Oil Ratio is within normal range

    Oil Ratio is within normal range

    The Markets are wildly volatile, with extreme daily switchbacks; however, I still find the underlying data to be relatively stable.  One of the metrics I like to watch is Oil’s ratio to other asset classes.  For example, Oil’s relationship to the S&P 500.  (see below chart) The chart tracks the price of the S&P 500…