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Degens Deteriorating
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JUST IN: Crude oil prices fall following US capture of NicolΓ‘s Maduro

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Across all age groups, more Americans strongly disapprove than strongly approve of Trump’s handling of Venezuela.

Younger Americans are the least supportive of his handling, while older Americans are the most supportive.

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Israel’s security cabinet has approved a new military operation, dubbed Operation Iron Strike, following five hours of security consultations chaired by Prime Minister Benjamin Netanyahu

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Price to Earnings Ratios...

Tesla: 300

NVIDIA: 46

Apple: 36

Microsoft: 34

Amazon: 33

Google: 31

S&P 500: 29

Meta: 29

Price to Sales Ratios...

NVIDIA: 25

Tesla: 17

Microsoft: 12

Google: 10

Apple: 10

Meta: 9.0

Amazon: 3.6

S&P 500: 3.3

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The probability that Ali Khamenei will be ousted as Iran’s Supreme Leader has risen to 43%, per Polymarket

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It's important to keep in mind that sometimes a "Golden Retriever" is actually just a pit bull that someone, like a shelter employee, mislabeled

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Left-wing protestors gathered outside of the Metropolitan Detention Center in Brooklyn to protest the capture of Maduro and the bombing of Venezuela

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The S&P 500 is now trading at 3.3x sales, its highest valuation in history. $SPX

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Marco Rubio's odds of becoming president in 2028 have nearly doubled since the capture of Nicolas Maduro

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There it is:

Natural gas prices are now down -6% just 15 minutes after futures opened for the first time since Maduro was captured.

And, oil prices are back below $57/barrel and nearing their lowest levels since 2021.

In just about ALL major escalations of geopolitical tensions with oil producing countries, energy prices typically RISE.

Why is it different this time?

Because the US taking control of Venezuela is set to bring MORE oil and natural gas supply to the market.

The market knows that this weekend's events will ultimately result in the opposite of a supply disruption.

The market is never wrong.

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