RE:RE:Oil PriceCitizen13 wrote: End of driving season. China is in deep deep doo doo and lying to the world about just how bad things are . Nobody doing anything about Iran . I sell high value machinery and we are in a major downturn and usually a canary in the coal mine for the rest of the economy . Its so bad it reminds me of 2009 . Finally , most people AKA 50% of North Americans dont have $ 500 in their bank accounts and cant afford food never mind gasoline. So, pick your poison. I have a really bad feeling the stock market is going to crumble when they figure out NVidia doesnt make the world go round and things are really bad out there. I hope I'm wrong. Positives include the FED feels it has done enough pain and suffering damage and may start easing up. They are a despicable incompetent lot who should have acted way sooner than they did. I just read an article on the illusion /delusion of believing some people are " experts " and the FED is way up there on the list of idiots in charge .
load of BS! And All of that, mr."Market" figured it out at 9:00 AM sharp and decided to sell oil futures contracts.. but at 8:55 AM all was good.