Thread: Moving Forward
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Old 02-08-2021 | 05:30 AM
  #311  
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WhiskyWhisky
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From: ATP
Default The elephant in the room

Told ya so #2? Nah, I will still wait 'til summer when oil hits $100+ a barrel and they start parking 50-seaters in the desert just like they did during the Obummer admin.

https://www.msn.com/en-us/money/mark...ar/ar-BB1duweQ

But “it is hard to escape the elephant in the room which is that these higher prices could well act as a brake on consumer demand, prompting demand destruction, and snuffing out any nascent recovery,” said Michael Hewson, chief market analyst at CMC Markets, in a note to clients.
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