Oil Rebounds to $102+/bbl.
Last week oil fell $15/bbl in price. Apparently, if you're really really stupid, or work for the current presidential officeholder, killing a single terrorist is the same thing as stopping all terrorism. Turns out, after a weekend to reflect, investors remembered that isn't true and responded appropriately. Prices are coming back up, 4% 5% so far and there are hours of trading left in the day. We should expect a full recovery in price by the end of the week. Aren't you excited? Its the Undulating Plateau at work. Optimism and Ignorance warring with Realism and Memory. With money as the stakes of this game, Realism tends to win.