AM Brew, Jun 14th, 2022

Wow, in four days the market dropped from over 4150 to 3750 - that is a cool 10% drop in just 4 days. What changed? Not much but perceptions certainly changed. In some respects, things actually have improved, as oil's rate of increase has slowed materially as it hit $120.

Instead of reviewing the daily events, we figure that after a big downdraft, you pr…