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Why Crude Is Falling Despite Geopolitical Tensions

The macro picture favors bulls, notes Marc X. Lopresti. He discusses how the markets are mixed as the recent rally stalls. He talks about how crude is trading below the beginning of the Israel War and the 2-10 yield inversion severity is diminishing, He then goes over what’s next in the Fed’s inflation fight. He looks at why crude is falling despite geopolitical tensions. He then outlines commodity moves and the Fed’s potential pivot. Finally, he mentions takeaways from earnings season thus far. Tune in to find out more about the stock market today.

Morning Trade Live

07 Nov 2023

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