The Venezuela Pop: Why “Oil Stocks” Aren’t All Created Equal

Show notes

If you’ve been watching the headlines since the weekend, you know the world changed on January 3rd. The execution of Operation Absolute Resolve—the U.S. military operation that resulted in the capture of President Nicolás Maduro and Cilia Flores—sent shockwaves through geopolitical circles. But as always, the financial markets didn’t wait for the dust to settle before placing their bets.

The immediate reaction on Wall Street was a textbook knee-jerk play: Buy Oil.

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