Energy & Precious Metals – Weekly Review and Outlook
The Fear and Greed Index measures investor sentiment in stocks, bonds and cryptocurrencies with a 0-100 reading, where 0 is the state of extreme fear causing extreme selling pressure while 100 suggests extreme buying or extreme greed. In commodities though, supply constraints and geopolitics can cause fear and greed to intertwine, meaning fear that something’s scarce can make investors extremely greedy in buying it — like with oil now.
The unhinged oil rally of the past two months had