Vi,
Question:
ap.google.com
When I read this, with distillates up this week, I think we are seeing blow off top in oil, panic done first,,,,,
Whereas I think speculators are certainly pushing things a bit far. Gold clearing 800,, that i think was a given once the aroma hit...
But,,, With jobs<fudged>, earnings<not awful>, robust growth<looking back>, the only thing that seems to be issue is credit? No?
If consumer spending drops, i fear all the people on one side of the dollar trade may be caught between a rock and a hard place... fast.
I agree this is a traders market, but even so,,, a bit choppy,,, no? |
