Post by
TonyDj on Jul 08, 2016 12:28pm
Inventory Numbers not reflecting Holiday
These so called disappointment in inventory numbers are only till July 01. They dont take into account the actual holiday long weekend which is the 2,3,4 July. Its like the the Vancouver real estate talking heads saying thet Foreign buyers only are a small percentage of buyers and taking Jun 10-29 as their analysis period. What happened for the whole year? Those numbers aren't given. Same with oil - even worse. Behind the scenes. Majority of oil companies cannot make money at $45 dollar oil.This is not sustainable and the Banks are pulling Credit Lines.Less credit less drilling and they are bleeding cash. Lower for longer- fine. Confucius says Patience Grasshopper. So for everyone who has a timeframe of more than a week.