The Music Goes on and on

[corydorus]

Oil is an important commodity no doubt but it never anchors financial markets. Nothing is priced against oil except maybe in Iran or ISIS

It is non core CPI because it is a cost and it is supply driven

I've never heard of a bubble forming because cost went down and profit improving. This is one of those 哗众取宠强出位 type of article

Oil price topic has became a mantra heading, which attracted all kinds of article. We should filter the signal out of the noise, in order not to waste our valuable time.

Agreed. It goes against basic commonsense. I understand people can voice all sort of views in blog. But when this appears in major web news ... we need to learn to filter. Unfortunately many can't.