OPEC decided not to cut oil production any further, but to beef up compliance from it's members that aren't cutting.
The G-20 came up with nothing but compliance.
They pledge to regulate hedge funds, and oversee the credit rating agencies.
And their key priority was "to address the uncertainties around the value of assets held on bank's balance sheets which are significantly constraining banks lending."
So that's what's stopping lending!
The bulls get nothing, but sometimes nothing is better than the something these clowns would of come up with!