Is The Oil Bubble Back?
The Weekly Bubble - 2-22-2021
Hello Everyone!
The headline news, again, is that Bitcoin just hit a new all-time high at just over $57,000, but has of course retreated about 8% at the time of writing. More on Bitcoin pull-backs below (this doesn’t even count as a pull-back).
The Texas weather calamity might just have a lasting impact on oil prices. Goldman apparently sees Brent Oil (wh…