As a follow-up to the conversation just now on Squawk Box with Joe Kernen, here's a chart comparing the YTD performance of the S&P and oil (WTI). While both are dealing with collapsing economic growth, the S&P has a stronger bridging mechanism (the Fed) and de facto a lower "carry" cost as investors "Look through" to a better future. #markets #investing #investing #economy #stocks #equities #stockmarket #oil #WTI #bloomberg …see more