..... start QE III, IV, and V all at once?????? What's oil doing!!
No, nor did it have anything to do with the rain forecast for the ECB being mostly a bust or the hotter, drier forecast.
The market just woke up and realized that the fundamentals are tight.
I wouldn't be surprised to see it rain again in the future and the market could plunge - and then rise to higher than ever when that moisture is used up and the corn hasn't filled. Choices, choices, choices.
