Oil and stock markets have moved in lockstep this year. The unusually strong link between the two markets partly reflects a common driver: fears that a slowing Chinese economy could tip the global economy into recession.
Oil had been an oversupply story but with China slowing down, it is becoming a demand story as well. Steve and Sinclair review a strong Wall Street Journal piece on how stocks and oil are moving together more than they have in 26 years

“Oil and stocks are being correlated by a single issue, which is fear of slipping global growth,” said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management, overseeing $128 billion in assets.

Until last summer, most stock markets climbed even as oil slumped. The prevailing view was crude’s decline mainly reflected a glut in its supply, as producers from Texas to Saudi Arabia flooded the market. But weak Chinese economic data around August shifted focus to demand. The world’s No. 2 economy consumes about 12% of the world’s oil, second only to the U.S. Key points for all investors in today's market.

In the Q & A segment, Matt Griffin of Payson Petroleum joins the A-Team to report on what's happening in the trenches in Texas. Payson currently operates 26 rigs with rights to 5,000 acres.