Hey everyone fun times this week in energy.
Last week’s post was quite timely (HERE). As I stated,
It seems to me we are closing the door on the first phase - Doubt. And if I am correct that would lead to the Optimism phase after a brief pause. Whether or not we are in that “pause” now or say early 2024 remains to be seen.
We could be in the midst of testing this thesis.
Never did I think a West Coast regional bank exposed to the tech sector would be the tipping point.
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