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Old 12-21-2018, 10:01 AM
 
34,300 posts, read 15,652,035 times
Reputation: 13053

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Quote:
Originally Posted by James Bond 007 View Post
Thanks to the shale revolution, these days, falling oil prices hurt the US economy more than help it.

Why falling oil prices are now a net drag on the U.S. economy

This is THE reason why a lot of economic stats turned down for a while in 2015 and early 2016: The price of oil crashed in 2015.

Wasn't that during the Obama Goldie Locks Economy ? 2015 and early 2016


Point is the oil industry is still cyclical. It went on to reach $ 70.00 per/barrel recently and is back below $50.00 per/barrel now. The price is subject to wide swings and various influences including OPEC who was more influential in the past.

So far huge layoffs haven't taken place and tens of millions of consumers are benefiting from lower gas prices.

Last edited by phma; 12-21-2018 at 10:42 AM..

 
Old 12-21-2018, 11:53 AM
 
5,705 posts, read 3,671,669 times
Reputation: 3907
Quote:
Originally Posted by phma View Post
People have been advised to stop singing when the manure pile they're in is over their head. You should have listened.
Its posted in the thread and you couldn't be more wrong. I was out way to early before the all time high.

What is noticeable is the amount of consistent projection and baseless accusations directed at the OP. Even though the information and truth is available there is so little effort made to obtain it by the envious posters.
Its OK though.
Its expected and false accusations are routine MO for liberals consumed with jealousy and hate for winners who remain humble and understated despite all their success. Sad but true is the democrats idea that they can effortlessly escape their own s-hol by pulling others down in to it. Somehow they think they will eventually rise to the top. Not realizing they are still in the same s-hol they created. Similarly the DOW searches for a bottom and gets closer to the liberals "Goldie Locks Economy".

In other topic related news is something else Trump gets credit for b/c its happening on his watch and its his world to play with. ( Will higher interest rates around the world slow global growth ?)

More than half of global central banks are raising rates, and that’s a problem for stocks
http://www.marketwatch.com/story/mor...dist=bigcharts
Have you sought counseling for your obvious inferiority complex? Might help.
 
Old 12-21-2018, 12:20 PM
 
34,300 posts, read 15,652,035 times
Reputation: 13053
Quote:
Originally Posted by biggunsmallbrains View Post
Have you sought counseling for your obvious inferiority complex? Might help.
Have you and the others in your collective sought help for OP mania and superiority complex ?

Don't rule out consideration of a lobotomy to control impulses when electric shock therapy fails.
 
Old 12-21-2018, 12:22 PM
 
Location: Florida
76,971 posts, read 47,629,107 times
Reputation: 14806
Another bad day in the market
 
Old 12-21-2018, 12:25 PM
 
5,705 posts, read 3,671,669 times
Reputation: 3907
Quote:
Originally Posted by phma View Post
Have you and the others in your collective sought help for OP mania and superiority complex ?

Don't rule out consideration of a lobotomy to control impulses when electric shock therapy fails.
We sure have. We’re meeting here for support. Thanks for the safe space.
 
Old 12-21-2018, 12:26 PM
 
2,950 posts, read 1,637,619 times
Reputation: 3797
Quote:
Originally Posted by Finn_Jarber View Post
Another bad day in the market
The OP thinks everything is roses.
 
Old 12-21-2018, 12:27 PM
 
Location: Florida
76,971 posts, read 47,629,107 times
Reputation: 14806
Quote:
Originally Posted by jburress View Post
The OP thinks everything is roses.
What else can he do? He went "all in" before the market tanked.
 
Old 12-21-2018, 12:30 PM
 
5,705 posts, read 3,671,669 times
Reputation: 3907
Quote:
Originally Posted by Finn_Jarber View Post
What else can he do? He went "all in" before the market tanked.
Live by the stupid, die by the stupid.
 
Old 12-21-2018, 12:32 PM
 
Location: Florida
7,195 posts, read 5,727,017 times
Reputation: 12342
It started to look promising, but now 200 under. Maybe we're going to cross 22,000 soon.
 
Old 12-21-2018, 12:35 PM
 
34,300 posts, read 15,652,035 times
Reputation: 13053
Quote:
Originally Posted by biggunsmallbrains View Post
We sure have. We’re meeting here for support. Thanks for the safe space.

No problem !!!
The necessity of a lobotomy won't move the stock market but it will help the collective from flailing around uncontrollably preventing worse head injury. Safety first !!!
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