It may be that the U.S. stock market starts to rise if people think it's gone far enough.
David WesselNobody really knows what the market is going to do, but it sure looks like we are going to have a lot more volatility.
David WesselI think oil prices are down for two reasons. One is, there is a lot of supply. There is a lot of supply because the U.S. now produces a lot of oil and there is a lot of supply because the Saudis seem to want to produce a lot of oil, maybe to punish the Iranians and the Russians.
David Wessel