The Week Ahead: Downside Risk Waning? [View article]
The fly in the ointment for you guys is the price of oil. The consumers can't afford to fill up their Tahoes and thunder on down to the mall to load up on flat screen TVs and Victorias Secrets. The market cannot rally from here without the consumer and the price of oil is going higher because it is getting scarcer.
-
The fly in the ointment for you guys is the price of oil. The consumers can't afford to fill up their Tahoes and thunder on down to the mall to load up on flat screen TVs and Victorias Secrets. The market cannot rally from here without the consumer and the price of oil is going higher because it is getting scarcer.
Apr 13 10:47 am
|Rating:
0
0
All Comments by cynic69 »The Week Ahead: Downside Risk Waning? [View article]