There Is a Correction Coming: Iaccino

The video discusses a pessimistic outlook on US equities, emphasizing the importance of understanding market risks and corrections. It highlights the healthcare sector as a promising investment due to its earnings growth, while expressing caution towards financials, except for Bank of America. The discussion shifts to the crude oil market, focusing on Brent and WTI spreads, pipeline maintenance, and potential geopolitical impacts. The video concludes with an analysis of OPEC's role and the non-fungibility of crude oil types, suggesting that prices may continue to decline without a price war.

What factors does the speaker mention that could affect the Brent and WTI oil spreads?

What potential geopolitical events does the speaker suggest could impact oil prices?

What is the speaker's perspective on the possibility of a price war within OPEC?