Saturday, August 9, 2008

Declining Oil Prices

With the decline in crude prices it seems like Wall Street has a late summer rally going . If crude continues on a downtrend and the financials can get their act together and housing can find a bottom then the economy could give us a Merry Christmas . That would be great as we go into the holiday shopping season ,which is a time when traditionaly the retailers generate the majority of their income . Just speculating , but the retail sector might be something worth looking into if our economy continues to rebound .

No comments: