Viewsroom: The F’d up oil market

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From Breakingviews: Columnists break down the U.S. government’s attempt to prop up small businesses with the Paycheck Protection Program. Listen on Spotify:

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Breakingviews Spoiler: small businesses are not getting the help, Trump cronies are.

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Oil market inferno claims victims of all sizesThis week’s price crash in U.S. crude looks an age-old example of small retail investors getting burned while savvy institutional players supply the matches. That does seem to have been part of the story. But some professional money managers probably also got singed.
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