Macro Musings by Danny D

Macro Musings by Danny D

Macro Themes

The Final Tantrum

Danny Dayan's avatar
Danny Dayan
Feb 27, 2025
∙ Paid

This truly has been a remarkable cycle, not just economically, but for markets. We have had a number of tantrums in markets. Let’s look at a few of them.

We don’t want your oil! When COVID hit, crude futures did the unthinkable, and gapped deeply negative to $-40/bbl. The reason this nonsensical behavior happened is because crude futures are deliverable…

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