The entire inflationary thrust in 2026 was caused by oil. But take a look at this... 🟢 5Y Inflation Expectations 🔵 Crude Oil Futures Inflation expectations made equivalent highs and lower lows while crude made higher highs and higher lows. This divergence is huge. You have to wonder... what happens to inflation expectations (and therefore actual inflation) if crude oil breaks down and makes new lows? Hint: • Crude ↓ • Inflation expectations ↓ • Inflation ↓ • Yields ↓ • Stocks & Bitcoin ↑(Caleb Franzen)