It's been a generally messy day

Stock markets around the world failing to get much transaction

Bond yields rising, and one very big head fake from the oil price,

which as you can see shot up at the opening on the news that non-OPEC countries were going to join in, trying to limit supply

And then spent the rest of the day giving that gain back

One more lasting trend, however, if you take a look at German inflation breakevens

you can see that they're highest in more than a year, it looks as though the ECB, to its delight

is at last persuading investors that there is some inflationary pressure in the Eurozone

For another cautionary tale of the current conditions in the US,

let's take a look at the Aerospace & Defence sector

You can see that it rallied very sharply after the election, plainly people thought that President Trump was likely to be spending a lot more on defence

But you can see its comeback in the last few days, if you take a look in detail at what's happened in the beginning of last week

It's fallen very sharply after negative tweets from president-elect about first Boeing, and then Lockheed Martin

Be careful of the power of the tweet

and that's the New York Minute