A further question should be asked.If the US goes into recession will it drag down the rest of the world?If Chine and India continue to expand will this not make oil a good investment?
If the US goes into a recession, wouldn't that reduce oil prices? America is still the biggest oil consumer, industry slow down = less oil demand and more surplus, which would plumet the price, no?
FCFS GSH EZPW these are pawn shops that were just on fast money, they've had a good run bad recession should be good to them if it happens