RE:Recession 1234, I think most people have believed (myself included) that we are already in a recession....
That said the important question is what is the impact on oil demand...historically a few % in demand....so at $105 oil....ok
If market is "fair value" and "forward looking" I guess recession oil is $105 LOL
1234bmth wrote: It looks like recession is already here, just needs to be officially announced. Copper is tanking and copper is one of the main elements of the economy growth.