From Jim Bianco's Bianco Research:
Not every recession is led by a 50% rise in crude.
— Jim Bianco biancoresearch.eth (@biancoresearch) March 3, 2022
But every 50% rise in crude has led a recession. pic.twitter.com/PN3vWuzQj9
Which brought out a few interesting comments including:
sell in may and go away for a few years
— SheepTrades (@SheepTrades) March 3, 2022