Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ild who wrote (49035)	3/31/2006 4:23:10 PM
From: CalculatedRisk	Read Replies (2) of 116555

Experts See Danger in Rising Oil Prices biz.yahoo.com "Relatively low interest rates, which have made it easy to borrow money while helping to prop up the stock and housing markets, have reduced the impact of high oil prices on the economy." My Comment: It seems consumers reacted to the higher oil / gasoline prices last year by either dipping into savings or borrowing to maintain their lifestyle. Savings have been negative every month since last May. With rising rates (more expensive to borrow) and rising oil prices, I think the impact will be greater this year (the opposite of what some "experts" think).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next