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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (141059)8/14/2008 11:36:53 AM
From: Think4YourselfRead Replies (2) of 306849
 
A bullish guest was talking on CNBC this morning about how oil prices have fallen, and how that would jumpstart the economy. The host made an interesting comment that went something like

"It's interesting how people are now thinking $110 oil is bullish for the economy."

Remarkable timing, and really put things in perspective. 4-5 months ago people were talking about $100 oil killing the economy and now suddenly $110 oil is the saviour of the economy.
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