the real economy is not tanking. The ISM is positive and the GDP may turn positive again. Both compare to previous month/quarter.
I disagree about the state of the economy. You will see a positive GDP this quarter for sure, but it is rather artificial in nature rather than a sustainable organic growth; it willmaily be a factor of the stimulus. Cash for clunkers and the 8K tax break on home buyers will have a large contribution toward this, and both are fleeting. Add to that a continued loss of jobs ***WITH unemployment benefits soon running out en-masse***, and there is nothing sustainable with this correction. Just my opinion.
Well, in any event, Btu trading between oddball hydrocarbon physical states like natty and crude has been a death wish the past couple of years.