Crude Surge

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Well, the Tuesday afternoon numbers came out, and I guess the market likes what it sees. Crude oil is strengthening markedly:

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But like I said on Monday morning, it’s important to keep these things in context, because the big picture is, shall we say, a little more grim:

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Incidentally, I am composing this post at the desk of a guy here at Bank of America, where I have a bunch of accounts. I was using their WiFi, and it worked with every site except one that I guess B of A considers too heinous for their customers to access:

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