Fear is what drives us on.
My fear of driving through Mayfair is being attacked by unemployed socialist workers (an oxymoron surely?) and carjacked by loss suffering investors. The infamous police.uk website that had more visits in one hour than google gets in a year couldn't confirm or deny my fears. So I got up at 4:30 am and hey presto here is the screenshot. My fears have been confirmed. Mayfair is like Jo'burg on a Saturday night.
Fear of the unknown. Once that unknown becomes known, we start to relax a bit. Like knowing what direction the price of oil is heading. The markets are pushing up oil and gas and yet chatting to my head of trading mate at a well known oil and gas futures house tells me there is so much physical oil and gas around that the price will slump big time later this year.
Nomura disappoints. Again. (bloomberg)
Anarchy is the new black ... (telegraph)
Oily Ruskies Tell BP To Get Lost (cityam)
Oil to be less than a packet of cigarettes by the end of 2011.