Disliked{quote} Hi G There is qualitative difference of losing high paying good jobs vs low paying.Cheap oil does effect manufacturing including auto industry by way of stronger dollar cheaper exports.After certain threshold even auto makers will seize to make profit should cheaper currency nations dumping cheap exports in US. OIl=Dollar relationship is most acute on multiple industries. I have not read any article yet that oil at 52 has sprung up economic boom to particular industry vs the losses in manufacturing and oil industry.What you are applying...Ignored
will oil have a 39 handle? i dont know.. but charts have pointed that way long ago.. just as gasoline less than 2$ was posted a year before it dropped below 2$... if one goes to mindset a year before, many said it would never happen.. and the pros were falling all over themselves when it did. with similar articles like you posted..
those who can, do. those who cant, talk about those who can