So… Oil was up 27% yesterday to ~$116 a barrel.
Now down 5% to $86.
The S&P futures were down 1.8% last night, and the US market closed up 0.8% this morning.
The ASX lost 2.9%, but futures suggest we might make most of that back, today.
Thing is? It’s not unusual. Volatility is all-too common.
I don’t know what comes next. No-one does.
Instead? Focus on the long term.
Sources: OilPrice.com, Google, CommSec
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Motley Fool contributor Scott Phillips has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.