BLOOMBERG Bloomberg Markets February 23, 2016
The opposite playbook of what we saw with the rally last week. Il leading the declines all three major averages close to the lows of the session. They are falling along with oil today as we see that correlation come back into effect in todays session. Oil down by 4. 5 . We have the Saudi Oil Minister speaking at a conference in houston earlier today saying no plans to cut production. There did not seem to be high expectations. There is disappointment that appears to be affecting the markets. The saudis welcome the west show business and they are happy that there are exports that would allowed ...