Since you are reading this I presume you are a CNBC junkie too but one article I saw today has me scratching my head a bit.

This is what puzzles me about the article; It seems a bit circular that oil prices are tanking due to the recession they have effectively caused.. Energy and Food costs have been the driving factors of inflation, forcing the FED's hand to raise rates to tamper demand. The fundamental flaw I see in this logic is that this inflation, in my opinion, is supply side driven. Additionally, it seems the markets memory is even shorter than usual.

We have apparently forgotten the following already:

In conclusion, I would not trust a swing like this as anything more than the market trying to find its way. I would go further to bet that we are not out of the woods yet when it comes to energy prices, specifically Oil & Gas.

Feel free to add or poke holes in my logic in the comments! Honestly, I wouldn't mind being wrong on this one as I believe energy costs are behind the majority of the markets woes this year.