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.
it’s almost as if global markets should see the US markets as rogue and cut off their value. treating all US stocks as void.
would solve the problem overnight.
That would create a much larger problem.