Post by
DukesMtl on Sep 29, 2022 7:42am
The media keeps spreading fear of a Recession
Which is nothing more than 2 1/4's of negative growth. We are not in a recession... Unemployment is at a all time low, companies are starving for staff to fill orders. Manufacturing can't keep up to demand and have a shortage of manpower. They keep raising interest rates in order to cool off a red hot economy so people will buy less....No recession exists in the U.S or Canada but in Europe YES!
United States & Canada are actually profiting from Europes troubles with energy because they are selling energy to Europe at higher profit margins.
Winter and -0 nights are only weeks away. OPEC to guarantee us 90.00 oil via cuts. SPR release winding down...
We should see a 100-145 Brent Crude price this winter.
Moving forward, Opec will match any moves Biden makes with Output cuts.
Thx OPEC
Comment by
bigstar10 on Sep 29, 2022 8:55am
You're bang on Dukes,,,,,,,finally a guy with a brain on forum!
Comment by
woodsmen on Sep 29, 2022 10:24am
Judging by likes you would think the Village Idiot Smallpecker had all the brains on Stockhouse!!