(and boy can it catch fish)
From FT Alphaville:
In the category of Best Additional Worry in a Globalised Economy
The nominees are:
Signs of a hard landing in China, looming French elections, the prospect of rising sovereign bond yields, and the threat to oil supplies — lots of issues (other than Greece) have set investors’ nerves a-jangle.
But the Market Oscar goes to… (drumroll)… (silence to create tension)… (awkward close-ups of nominees)…
Oil!!!
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