Oil and the Markets
Posted by Moonage on 12 Jul 2005 | Tagged as: Oil Supply
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
That’s the reality of the moment. The Dow Jones is down sixteen hundredths of a percent. Here’s the CNN headline accompanying it:
The stocks have had a nearly week long rally. For them to cool off for a day is very normal. There doesn’t have to be some compelling reason for people to cash in the gains they’ve made. Not every tick of the oil supply is going to be a market mover. This is just sloppy reporting, again.
2 Comments »
on 25 Apr 2006 at 10:48 am 1.Moonage Political Webdream
said …
Bush’s investigation into gas price gouging?
President Bush, under pressure to do something about gasoline prices that are expected to stay high through the summer, ordered an investigation into possible cheating in the markets. The government also asked states on Tuesday to guard against unfair …
on 03 May 2006 at 2:00 pm 2.Moonage Political Webdream
said …
Bush’s investigation into gas price gouging?
ORIGINAL POST - 04/25/06:President Bush, under pressure to do something about gasoline prices that are expected to stay high through the summer, ordered an investigation into possible cheating in the markets. The government also asked states on Tuesday…