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Mark Cranfield

Bloomberg Markets Live (MLIV strategist)
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BullOil & Gas leaning · 2026-07-20
Brent above $90 after a ninth night of US strikes on Iran (from ~$70 at the start of July). 'Yields will have to reprice higher if you're going to have oil in a sustained period where it's 90 plus' @7:20; 'That is not a pretty picture for anybody really' @7:35.
“So for some time we were getting used to oil being in a nice range between 70 and 80 dollars. Now we're suddenly thinking it might be in a 90 to 100 dollar range again.”
Mark Cranfield · Bloomberg Markets Live (MLIV strategist) · Bloomberg ↗
BullGlobal Equities hedged · 2026-07-20
Korea reopening after regulators suspended new single-stock leveraged-ETF listings; 'most of that selling was pretty much done... buy the rumor, sell the fact' @8:33-8:39; markets 'might not finish too badly, providing that we don't get any oil prices that... suddenly jump to $100' @8:25. On the China-AI shock: 'For now, it looks like a knee-jerk reaction' @10:17.
“It's a question now that if you were fortunate enough to be out of this, this is a dip buying scenario for some people.”
Mark Cranfield · Bloomberg Markets Live (MLIV strategist) · Bloomberg ↗

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