implicit
NDX
RUT

explicit
Metals
USD
EY-Parthenon 3.0
Management Consulting
Greg Daco 8.5
4/10/2026 11:45:00 PM
wti
Potentially closer to 80, 75, 80 by the end of the year... you're going to see a risk premium of 10 to 15 dollars by the end of the year. He explicitly forecasts a year-end price of $75-80, which is below current ~$98, implying a downward move. However, he emphasizes a slow process and a persistent $10-15 risk premium, indicating the decline will be cautious and not a crash. The term 'cautious up' is interpreted here as 'cautiously moving up to a lower level from an even higher spike', but the directional intent is a moderated decline from current war-premium highs.
4/10/2026 11:41:57 PM medium term cautious up 21 days later +7.41% +3.70%
4/9/2026 11:52:54 PM medium term cautious down 20 days later +8.80% -4.40%
8/5/2025 6:58:39 PM medium term up 20 days later -1.71% -1.71%
yields
Daco's core thesis is persistent inflation (core PCE at 3% year-end) and a Fed on hold, which implies yields are more likely to drift higher or remain elevated than to fall. He explicitly rules out near-term Fed cuts, supporting a 'cautious up' bias.
4/9/2026 11:52:54 PM medium term cautious up 20 days later +1.69% +0.85%

SignalTube

markets at a glance