Oil Retreats as Traders Digest Housing, Retail and Inflation Numbers

We are continuing to see a significant and growing divergence in performance between US and overseas markets. Adding to Monday’s US index gains of 0.4%-0.5% gains, US index futures are all up about 0.2%. Adding to Monday’s losses, the Hang Seng is down 1.6% while the FTSE and Dax are both down about 0.5%. Yesterday’s […]