user 2lakes

Slightly Lower Gas Price Doesn't Mean Huge Increases in Consumer Spending

Who said traders are rational, deep thinking individuals? Take airlines, so oil (the better grade) is down a few bucks and now they're going to be profitable? $145 oil probably never far into the system to make a difference. Airlines couldn't make profits with $80 oil and now $120 oil will do it?

Chad, these are traders (or hedge fund computers) not investors.