Yesterday, with absolutely nothing going on from a supply or demand standpoint, with most hedge fund managers at the beach during this short week, Brent crude oil rallied more then FOUR dollars. HUH? What the heck was that about?
Business must be slow and circulation down at Barron's. What better way to stimulate newsprint distribution than a blazoned scaremonger front page headline as in this past weekend's edition, "Get Ready For $150 Oil".