
Mike McGlone|Jun 29, 2025 13:03
Gasoline Price Toward 2 and Risk-Asset Deflation - US crude and liquid-fuel production surpluses are rising along with OPEC supply. An inordinate burden to remain elevated to avoid deflation may be a takeaway from US stock-market capitalization reaching the highest in about a century vs. GDP and the rest of the world at the end of 2024.
Full report on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/sy1qq7t0g1kw {BI COMD}
#crudeoil #gasoline #energy #stockmarket @BBGIntelligence
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