Why Big Banks Are Preparing For An “Economic Shock”

"over the last week we saw oil prices rise and there are two things that happened last week which triggered the prices of oil to rise Number one we saw more conflict in the Middle East and number two we saw stimulus in China"

"so when you see more Wars happening in the Middle East that can then impact oil supply which affects oil and gas prices"

"the goal with the stimulus is to get get the economy moving to get businesses moving again which could lead to more oil and energy consumption which could lead to more demand for energy which could then impact oil prices"

"for each day of the strike it takes about 3 to 5 days to clear the backlog and resume normal operations"

"the Federal Reserve Bank is now cutting interest rates Canada is cutting interest rates China is now cutting rates and countries across Europe are also cutting interest rates"