But just two days ago everything was awesome after the biggest inventory draw since 2014: Einhorn didn't know what he was talking about, the energy sector's 28x Fwd P/E was 'fine' and oil prices were on their way back to levels that save the US Shale industry... now, not so much...
Oil is not "up"...
[3]
Despite "commodity king" Gartman's insistence that Einhorn is "terribly terribly" wrong...
It seems maybe Einhorn was on to something after all... (remember all those talking heads decrying his comments?)
[4]
Charts: Bloomberg
