France drops its super tax on millionaires

[jem]

now what was the topic that ricter and piezoe wish to distract us from.

 

[Tsing Tao]

The rate of increase in demand is slowing, total demand has continued to rise, because some economies are "emerging", and because the population is growing. But as piezoe clarifies, supply is well in excess of demand now, and has been since late 2013.

If this is indeed true, then why wasn't the oil price declining since late 2013? Why was it rising/stable up until two months or so ago?

While the fraction of all energy speculation worldwide that is done with "Fed money" must be >0, it's small and has been for a long time. Your chart correlations, QE announcements and the stock market, are (were) both being driven by business sentiment and news.

Business sentiment and news. All the news that just happened to occur on the day QE was announced, each and every time. Pure comedy! The QE narrative must be supported at all costs!