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OIL POSTS BIGGEST WEEKLY GAIN IN DECADES
- Up 35% (Biggest gain since 1983)
- Experts claiming Oil will likely cross $100 by next week if there's no resolution regarding the Strait of Hormuz
- Analysts still bullish on Fed Policy. They will likely be more concerned about Growth slowdown/stagflation vs inflation. Expecting policy to remain accommodating
Market Odds:
- Strait of Hormuz closing in march: 96%
- Crude Oil $90+ in March: 65%
- Fed Holding Rates in March - 98%
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