The award for best performance of a leading stock index was given to the Nikkei. It was down today “only” 0.54%. Worst on the day was Shanghai, which was off 3.5%.

The current relationship between the price of crude oil and pricing levels of world equities is more than confusing.

If you feel the skin on your face rippling backward, that’s the force of 2 or maybe 3Gs. But you’re feeling something entirely different in the economy right now. And it’s a bit scary.

The very intense, 7G ride in the markets is at hand.