Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
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 .
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