The market recognizes the Federal Reserve's "new chairman": oil
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Renowned investor Boockvar issued a warning: the surge in oil prices is taking over the reins of monetary policy, and the expectation of interest rate cuts is dead. The S&P 500 price-to-earnings ratio has reached 21 times, and U.S. stocks have no margin of safety. The world is sliding into the abyss of stagflation, and the super bull market in commodities has just begun
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