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Gulf Stocks Tumble, Kuwait Plunges As Oil Bull Thesis “Obliterated”
So last week didn't go so well for anyone who was bullish on commodities.
The limit-down metals madness conspired with uninspiring (word-play alert) EIA data and comments from Saudi Deputy Crown Prince Mohammed bin Salman to push crude lower for a third straight week, with Brent closing below $50 for the first time since November.
We got a bit of a rebound on Friday, but it didn't matter.
"What we’ve seen in terms of the rebound today is really just a bit of a correction following an ove
So what you’re saying is, buy the dip?