History is repeating itself — and even more extremely.

📊 Over the past 50 trading days, the S&P 500 ETF $SPY and the US Oil ETF $USO moved in opposite directions on 38 trading days, marking the highest such record in at least 20 years. For 76% of the time, when oil prices rose, US stocks fell, and vice versa.
This number exceeds the 36 trading days during the 2008 financial crisis.
So what’s the result? Over the past 50 trading days, the S&P 500 has fallen 4.0%, while crude oil surged 72.2%.
When oil prices go up, stocks fall — traditional safe-haven rules are breaking down, and a new paradigm is forming: oil has become an "inflation engine," and US stocks are now a "stagflation thermometer."
The last time we saw such a degree of inverse correlation was during the Iran crisis in 2022, when the correlation dropped to -0.5. Will this break records this time?
#油价 # US stocks #IranSituation