Oil Bulls Don't Despair, Your Day Will Come

On a day when Brent Crude oil is trading down just less than 1 percent today, essentially trading near where it did one month ago, while the stock market has had a positive day, with the S&P 500 up near 1.39 percent on the day, comes a Capital Economics piece that says don’t despair oil bulls, your day will come. Oil and Chinese stocks are not inexorably linked, but considering the correlation is interesting The real correlation to watch is not the linkage between the U.S. stock market and Chinese market – or more specifically the Chinese economy – when…