How is your logic any better than his logic? IOW, the economy has sucked for many people for the past eight years but gas still hit $4.00 per gallon... Anyway, I'll let the two of you sort it out.
I'll take cheap oil any day of the weak....I hope it drops to new 52 week lows and I'm paying $20 for a full tank....prices of everything have soared the last 7 years thanks to the prop job by the fed and central banks......time for prices to come back down....everything from rents to utilities to food is out of whack....enough already.
Exactly..... When gas was $4.00 millions and millions were unemployed and wage growth stagnant.... The central banks have fu$ked everything up....economy needs a real adjustment
Futures down almost 700 points....oops Nothing like a good Friday summer selloff....I'll be up in a few hours to trade the premarket.
Reminds me of aug 24,2015 Fwiw every time ES has hit limit down since 2005, it went on to be a profitable long trade if you had the balls to buy.