A wild day in the equity markets and some early signs of a bottom in crude. Here’s what we are reading this evening…
Marketwatch: He called $50 oil, now he says it’s going lower….although he also agrees that $60-$70 is likely to be the equilibrium price longer term
Bloomberg: The ‘smart money’ continues to buy into Bitcoins
Riskalyze: Advisors sell EM, buy Chevron
CEO: Why the Turn in Oil Could be Closer Than You Think
Oilprice.com: Did Saudi Arabia Just Flinch?
Dshort: Everything you ever wanted to know about the durable goods report and much much more…