Oil and Share market up...ok I get it ...but oil,,share market..and Gold up..thats a bit more unusual
Alot of nerves however have been settled Im sure
I think oil still has a way to go to calm my main concern--big banks ....DB in Germany seems to have settled a bit so thats good,but alot are invested big in energy
People live through share market corrections,bear markets and recessions ...but banks falling over is much more scary.
although things have stabilized I think many have seen how eventually the NZX does get affected by these things (last week)
Its tough being in the oil market though--They say they are going to talk(opec and others) and work something out in terms of production ,but Im not holding my breath.