Raoul Pal @RaoulGMI Founder/CEO - Global Macro Investor and Real Vision Group, Business Cycle Economist, Investment Strategist, Economic Historian, Traveller and Rum Drinker.. Feb. 21, 2020 1 min read

It feels like the next step for markets is to give up the believe that the Corona Virus is a V-shaped recovery opportunity as it accelerates growth outside of China.

Oil bound 10% in the last week or so but is rolling over. If it breaks $45, things are bad. 1/

But that same support is a much bigger deal on the long term charts and we could see a shocking decline in the next 30 to 60 days.

How best to play this potential move in oil?

Bonds and dollars.


You can follow @RaoulGMI.



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