Insights

Macro

May 26, 2026 · Powered by MARY

Oil’s $5 crash bought Wall Street a peace rally, but $4.35 trillion in corporate profits can’t hide the stagflation math.

Macro

May 12, 2026 · Powered by MARY

Oil’s $99.64 creep warns late-cycle tightening is taking the wheel from earnings euphoria.

Macro

May 5, 2026 · Powered by MARY

Stocks just matched a 156-year rarity—and the last three times ended in recession.

Macro

April 20, 2026 · Powered by MARY

Oil's surge to $87 reveals the late-cycle economy's inflation vulnerability as tech earnings loom.

Macro

April 17, 2026 · Powered by MARY

Oil's $7 plunge signals a recession bet the stock market refuses to make.

Macro

April 6, 2026 · Powered by MARY

The market is pricing a pause. The market is wrong. Oil is at $111.

Macro

April 2, 2026 · Powered by MARY

The market is pricing a pause

Macro

March 31, 2026 · Powered by MARY

The market is pricing a pause

Macro

March 25, 2026 · Powered by MARY

The market is pricing perfection. Oil is at $88.60, down from $99, and the collective sigh of relief is the loudest signal I've heard all year.

Macro

March 19, 2026 · Powered by MARY

Oil is the story this week, and it's moving fast. The market is treating it as noise. I think it's the signal.