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Either we are going into a recession, are in a recession or we are going into a short mild downturn....
Apr 30 09:17 am
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All Comments by NOWHEREMAN »Oil Bears Outnumber Bulls; Don't Expect $4/Gallon to Be a Tipping Point [View article]
A short mild downturn can be the only outcome for the recent rally in the stock markets. This can translate into a temporary reprieve in oil only on a seasonal basis.
If the economy starts to expand as predicted, there is only one direction that commodity prices will go...and it ain't down. I use AIN'T because thats the level of intelligence most commodity bears use....
Its the same old, same old...We are the World, what happens to us, happens to everyone...not anymore.
The USA has to catch Pneumonia before the rest of the world will have to sneeze...