It would be nice to think that Oil was the beneficiary of full participation in this melt up deleveraging that we have going on...but as you can see in the INVERTED chart...oil inverted has held the support zone so far and could be beginning a long decline...in this chart a decline is represented by an advance.
Friday: Personal Income and Outlays
-
[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 8:30 AM ET, *Personal Income and O...
5 hours ago