Discussing recession yet again today if oil hadnt reversed course and roared back which caused the dow to rebound from down 265 to up 53 points. S p advanced. 44 . Nasdaq gained. 87 . When you look at the link to the price of oil, the idea we could be headed into a recession has become a powerful fiend. A whispered under current in this environment that services when oil take as dive. When oil goes up we stop worrying. When oil goes lower, the story is back on the table. Then i get a second whisper. It goes like this. If we are talking about going into recession, why the heck does the fed feel the need to raise Interest Rates. How can that be on the table . Why are people so worried . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and the fed will raise rates or just an out and out declaration. Well have a recession because of the fed. Like this morning the
Today if oil hadnt reversed course and roared back which caused the dow to rebound from down 265 to up 53 points. S p advanced. 44 . Nasdaq gained. 87 . When you look at the link to the price of oil, the idea we could be headed into a recession has become a powerful fiend. A whispered under current in this environment that services when oil take as dive. When oil goes up we stop worrying. When oil goes lower, the story is back on the table. Then i get a second whisper. It goes like this. If we are talking about going into recession, why the heck does the fed feel the need to raise Interest Rates. And how can it be a march rate hike . Why are people so worried . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and the fed will raise rates or just an out and out declaration. Well have a recession because of the fed. Like this morning there was a piece of resear
Worrying. When oil goes lower, the story is back on the table. Then i get a second whisper. It goes like this. If we are talking about going into recession, why the heck does the fed feel the need to raise Interest Rates. And how can it be a march rate hike . How can that be on the table . Why are people so worried . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and the fed will raise rates or just an out and out declaration. Well have a recession because of the fed. Like this morning there was a piece of research from Morgan Stanley telling you to sell General Motors. General motors why . Because the profits are more at recession. I guess we are going into a recession. Maybe were in a recession or the Research Analysts wouldnt have spent most of the piece talking about how General Motors will get hurt in a recession. I started thinking about the conversat
Why are people so worried . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and the fed will raise rates or just an out and out declaration. Well have a recession because of the fed. Like this morning there was a piece of research from Morgan Stanley telling you to sell General Motors. General motors why . Because the profits are more at risk than people reallize in a recession. I guess we are going into a recession. Maybe were in a recession or the Research Analysts wouldnt have spent most of the piece talking about how General Motors will get hurt in a recession. I started thinking about the conversation with fords ceo in San Francisco where he basically said he felt we could talk ourselves into a recession. Thats his big fear. Five times earnings, yields 6 with the special dividend. Pretty obvious they are not the only ones who fear a recession. The peopl
Raise Interest Rates. And how can it be a march rate hike . How can that be on the table . Why are people so worried . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and the fed will raise rates or just an out and out declaration. Well have a recession because of the fed. Like this morning there was a piece of research from Morgan Stanley telling you to sell General Motors. General motors why . Because the profits are more at risk than people reallize in a recession. I guess we are going into a recession. Maybe were in a recession or the Research Analysts wouldnt have spent most of the piece talking about how General Motors will get hurt in a recession. I started thinking about the conversation with fords ceo in said he felt we could talk ourselves into a recession. Thats his big fear. Now given the stock sells at five times earnings, yields 6 with the spec