In this weekly note, we highlight 10 of the most important charts or themes we're currently seeing in asset classes around the world.
Running Out of Gas
After failing to hold a breakout to new all-time highs earlier this year, gasoline futures have fallen by roughly 50% in the past six months. Last week, both crude oil and gasoline continued their slide by taking out their 2018 highs. As long as energy futures are below these prior-cycle highs, we want to approach the entire sector with caution.
