We all know markets go up and down.
Commodity markets too are overdue a bit of a rally given the run of disasters since the middle of last year.
But now there are some interesting changes, with oil back to $40 and looking set for a few more days of gains, a lot of the pressure is easing on the markets which as we know have been very dicey.
Interestingly too, with less pressure on oil prices, some of the sovereign issues will ease a little which in turn means they will stop liquidating all their market positions; lending more stability to the markets overall.
Of course, the real economy has clearly slowed down a touch in the last few months, but where are the indicators showing a big plunge?
All this puzzles me, if economics was good at prediction (which it isn't), low commodity prices should be a good thing. But in 2015, they are apparently a bad thing.
The world remains an inexplicable place.