At 9.50pm AEDT yesterday, there was a sudden spike in trading on the oil and S&P 500 futures market.

6.50am New York time is an unusual time for a rush on trades on West Texas Intermediate May futures.

But it showed that all of a sudden, a substantial sum of money was bet on oil prices dropping and the stock market rising.

    • jtrek@startrek.website
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      1 day ago

      My elderly father thinks “workers don’t know how to run businesses”, which is funny to me considering how many bone-headed decisions I’ve seen management make. Plus pointlessly cruel ones, alongside selfish and short-sighted ones.