Loading ...Remember way back when Obama on TV pleading to businesses said …”America needs a raise”? Well, a lot of general people are getting a raise with lower energy prices. Also its not the first time we have falling heating oil in the winter time.
Unfortunately, energy business and people are losing out. Everybody gets a turn for feast or famine. Sectors, countries, etc. The Oil glut dropping prices story? I don’t buy it. I see TPTB doing a stronger dollar play causing lower oil.
I also think TPTB lowered the dollar to stimulate European countries and Japan. My question is…How long will they run this trend? The USA imo was the global beneficiary from 2009 until June 2014, 5 years. Will we get a one year hit with 6 months left? Or a 5 year hit? Hit meaning stronger dollar.
And Q-E?? Its meaningless with interest rates going down anyway without Q-E.