RE:RE:RE:RE:RE:RE:RE:Oil knockdown today
"al42...well oil was recently over 105$..now 54$ and slipping....as for the financial crisis then and now..the dow is at or near all time highs withh all kinds of low interest rates juicing the markets and all the big banks using their influence to water down restrictive regulation..the banks are bigger now than before and are carrying more derivatives than ever before...all of this not exactly a recipe for stability ....good hunting to all Read more at https://www.stockhouse.com/companies/bullboard/v.sgy/surge-energy-inc#3UfmAxssUJPtW8ZP.99" Couldn't agree more. Everything we see when overviewing the market is juiced by the accommodation of the huge financial institutions. The question that really needs answering is whether the destruction of oil pricing is a destruction of demand without accompanying decrease in production or an artificial political weapon of mass destruction against evil doers. Common sense would seem to argue it is demand destruction. Of course, due to thumb on the scale weighing of "economic data" on a World Wide basis, it is very hard to determine the true state of National and World economies. The issue of deflation is most confusing if one even begins to buy into the argument that the World's Economies are climbing ever upward fueled by low cost expansionary lending. Frankly, it is all very perplexing.