theyounginvestor.bsky.social
Markets, investing, TradFi, DeFi 💸 Growing up, figuring things out, not blowing up 🎲 Books, history, sci-fi 📚 Behavioral finance, emotions 🧠 Meme lover 🫡 --> Newsletter: https://www.theyounginvestor.co
👤 Joined on 15 November 2024
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@theyounginvestor.bsky.socialToday, the S&P 500 is 3% from an all-time high. Its incredible how fast markets move, especially when the narrative flips. What happened? It seems it was the 🌮 TACO = Trump Always Chickens Out. #markets #stocks #investing
Show PostToday’s Daily Cartoon, by Adam Douglas Thompson. #NewYorkerCartoons
Show PostUS shale drillers need between $26 and $45 per barrel to cover operating expenses at existing wells. However, to drill new wells profitably, they require prices starting at $61 per barrel for WTI, with some areas of the Permian Basin requiring up to $70 per barrel. #EconSky #Crude #Oil
Show PostWTI crude down some 4% as worries escalate over OPEC+ June oil production which will rise >400,000bpd... WTI now $56/bbl. RBOB gasoline down slightly less, 2%, or 5c/gal. Potential for the national average below $3/gal sometime this summer.
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