American audiences tend to underappreciate the British, but 240 years ago they were us: They were the most powerful nation on Earth. Their mercantile empire spanned the planet. They had the most potent and experienced army and navy the world had ever seen.
Yesterday's rally was based on a number of factors. There was some financial geometry in there as well. It was an options expiry day on the New York Mercantile with a rising market. That gave it a little more oomph than it needed. Now that oil's flowing, prices are coming back in line.
The president continues to take his message to the American people, outlining his budget and tax cut plans, and the mercantile exchange is a good venue to talk about economic growth.
The mysteries of death and birth occupy women far more than is the case with men, to whom political and mercantile speculations are more congenial.
All gasoline prices in the U.S. market are essentially set on the floor of the New York Mercantile Exchange.