The Great Shutdown threatens to turn markets headlong. We looked at the large amount of initial unemployment claims coming from the United States last week, peaking at 22 million over a four-week period.
It's just days later, and we already have our next market anomaly: this time, traders were confused by West Texas Intermediate (WTI) crude — the U.S. benchmark oil price — which somehow flipped negative for the first time in history.
How could that be? So how does the COVID-19 oil price collapse normally fit in with that?
infographic by: www.visualcapitalist.com
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