Leaning Toward 2008-Like Inklings in 2H for Crude, CPI Post-inflation deflation leanings akin to 2008 could dominate markets in 2H. My graphic depicts what may be a primary prerequisite for the consumer price index and WTI crude oil to avoid reverting toward 0% and $40 per barrel in 2027: equity-market resilience. Falling gold and Bitcoin, despite rapidly rising global deficit spending and stock markets, could be signaling an inflation endgame. US stocks' market capitalization has surged to about 2x public debt-- the highest since 2007 -- alongside US Treasury 30-year yields. CPI and crude appear to have peaked in 1H from lower highs vs. 2008 and may continue a lower-lows cycle. What stops it? Stocks may have to go up -- or else. Warnings from commodities are accumulating, notably in metals. Gold, silver, platinum, palladium and iron ore have reversed 1H gains into 2026 losses. Full report on the Bloomberg here: https://t.co/p9AmRmpsix {BI COMD} #crudeoil #gold #Bitcoin #Commodities @Bloomberg