Accessible version 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 The Flow Show Oil say hike, Owl say cut Scores on the Doors: oil 69.2%, commods 40.8%, gold 17.4%, intl stocks 3.0%, US$ 1.4%, cash 0.7%, HY -0.4%, govt bonds -0.8%, IG -0.9%, SPX -2.5%, bitcoin -20.0% YTD. Zeitgeist: "I can't work out what's worse, the oil thing or the credit thing." Zeitgeist II: "No jobs, no savings, oil up 50%, shadow banking…if Gen Z don't bail now should be quite the rip." The Biggest Picture: Aug'07 to Jul'08 oil price $70/bbl to $140/b ...