Good news about the markets today for the first time in what seemed like forever.
Does this mean that the worst is over? No one knows but I’d say not by a long shot. Even if the markets do rebound it still doesn’t solve the problem that started the mess in the first place. Although one thing you can bank on these days, as the markets go up, so will the price of oil. I noticed that some stations around town where up a penny already.
Crude for November delivery rose $3.49, or 4.5%, to close at $81.19 a barrel on the New York Mercantile Exchange.