Daily Signal July 17: brent oil climbs up again
Corporate credit is very strong. The main caution: Bitcoin is down 22% from its 90-day high. BTC ETF flows starting to turn positive.
Corporate credit is very strong. The main caution: Bitcoin is down 22% from its 90-day high. BTC ETF flows starting to turn positive.
The committee of twelve that replaced the gold standard, how it sets interest rates, and why traders watch its calendar so closely.
All ten risk thresholds read healthy today (see the 10-institional dashboard below) — credit, the Sahm rule, oil, the dollar, both ISM readings, volatility, BTC ETF flows and dominance, and stablecoins.
Brent oil: ~$71 (Jul 1) → $101 today, about +41% in three weeks.
Corporate Credit is healthy (OAS 2.69%) | VIX is calm (17) | Employment stable (0.07)