Oil is undergoing a speculative bubble that's barely holding it sideways. This will collapse when not if.
The first February of a new President may see stock market collapses 80% of the time. Happened under Reagan until a drama in the silver market subsided.
This may be a chain reaction on China since they are only being held up by the faith of those in the free markets. If oil shatters faith in everything, this may tip the Chinese banks over causing either rampant inflation or production collapse.
Stay hedged. Not as cheap as yesterday but still cheap.
Do you have any facts on the 80% thing? i would love to do research in that. I am literally in the processes of buying two companies and pulling out of the stock market in march so i might pull out sooner