Published 20 Oct 2026, 12:27 UTC · fetched 21 Oct 2026, 12:57 UTC
The Wolf Of All Streets
@scottmelker
Oil is back above $100. The SPR is at a 44-year low. I see a headache for the rate-cut case and a headwind for Bitcoin. The Fed can't drill for oil. https://t.co/EheJsYiVDxView original on X ↗
Deterministic: the same prices and policy always give the same result
r = 83398.63 / 81495.59 − 1 = +2.34%d × r = -2.34% (neutral only if the price is unchanged) → incorrectOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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