The Oil Signal That Preceded Major Market Crashes Since 1987 Is Flashing Again
BeInCrypto
A key oil market metric is nearing a 100% rate of change, a threshold historically associated with major economic crashes.Summary
A specific oil market indicator, the 12-month rate of change (ROC), has reached 91%, approaching a 100% threshold that has preceded every major market crash since 1987. Analysts, including Jack Prandelli and Nick Colas, warn that rapid surges in oil prices often trigger recessions. Current geopolitical tensions, specifically the closure of the Strait of Hormuz and rising crude prices, are fueling concerns that this historical pattern may repeat.
(Source：BeInCrypto)