Mike McGlone|5月 16, 2026 21:40
As long as US stocks keep going up, metals (copper) and cryptos (Bitcoin) might not drop.
At almost 2.5x GDP, if stocks don't keep going up, Republicans are toast in the midterms and the next president will be a Democrat.
What does President Trump need for midterms? Lower energy prices and inflation.
I expect December WTI crude at $83.42 on May 15, to be closer to $50 than $100 at expiry.
https://www.youtube.com/watch?v=qifymq00Cqo
#crudeoil #commodities #stockmarket @BBGIntelligence @barnettenergy(Mike McGlone)
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