More of the same as oil falls below $30
A drop in oil and stock markets along with a flight to bonds has been the story so far this year. A respite late last week continued into Monday and sparked hopes for a lasting rebound.
It's Groundhog Day and Punxsutawney Phil didn't see his shadow today, which means an early spring. That's not the case in markets where a long February is beginning to look like the month that preceded it.
Two years ago I wrote about Top 3 signs you're trapped in a financial market Groundhog Day . They still ring true today.