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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wyätt Gwyön who wrote (68538)8/20/2006 1:45:01 AM
From: bart13  Read Replies (1) of 110194
 
this suggests to me that global demand may not contract even if we have a pretty bad recession in the US starting late this year or next year. we would expect this to be a housing induced financial bubble implosion, so it seems similar to the tech bubble implosion in the effects it may have on crude demand. just a guess.

if demand doesn't contract, i don't think crude prices will fall that much.


Fair enough - give 5 guys the same chart and 5 different interpretations can come off it.

Do keep in mind that in '91, WTIC went from $18 to $40 and back to $20 or so. In '93, it dropped from about $20 to about $14. From late 2000 to early '02, it went from $34 to under $20.

And by the way, that FRODOR item is basically a rate of change chart of the Fed's custodial account balance.

(and to you & loantech, you're most welcome - I'm just paying it forward)
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