It's back to the winter woes as oil and stocks fall

More of the same as oil falls below $30

A drop in oil and stock markets along with a flight to bonds has been the story so far this year. A respite late last week continued into Monday and sparked hopes for a lasting rebound.

It's Groundhog Day and Punxsutawney Phil didn't see his shadow today, which means an early spring. That's not the case in markets where a long February is beginning to look like the month that preceded it.

Two years ago I wrote about Top 3 signs you're trapped in a financial market Groundhog Day. They still ring true today.