Company. If oil prices go up, its a tax on the consumer. So we know thats going to be a negative effect. We have already seen the price of the oil stocks rising. As the Oil Stocks Rise in this case, i think it hurts the economy. The second part is the effect on the stock market, which i think could be bigger. The economy could steer through this, unless it breaks out into a total world war kaoeubld of thing, which i dont think its going to. But the effect on the market, the market has had a pretty good run since september of last year. I think its a little frothy right now. It is looking for a max to set off the tender. If this breaks out and we have to send troops, even though president obama said we werent. If we send in drones, arnold tilly, munitions, i think it would spook the market. We could see a selloff. What order . Ill tell you what, if it really escalates and we get involved, russia gets involved, that kind of thing, we could see a 20 drop in the market. So bear market . Ye
Company. If oil prices go up, its a tax on the consumer. So we know thats going to be a negative effect. We have already seen the price of the oil stocks rising. As the Oil Stocks Rise in this case, i think it hurts the economy. The second part is the effect on the stock market, which i think could be bigger. The economy could steer through this, unless it breaks out into a total world war kaoeubld of thing, which i dont think its going to. But the effect on the market, the market has had a pretty good run since september of last year. I think its a little frothy right now. It is looking for a max to set off the tender. If this breaks out and we have to send troops, even though president obama said we werent. If we send in drones, arnold tilly, munitions, i think it would spook the market. We could see a selloff. What order . Ill tell you what, if it really escalates and we get involved, russia gets involved, that kind of thing, we could see a 20 drop in the market. So bear market . Ye
Oil prices finish higher, back on track for gains for the week Oil futures ended higher on Thursday, with U.S. and global prices back on track to score gains for the week, as supply uncertainty.
Fed s Barr says banking system is strong despite New York Community Bancorp s woes The recent troubles at New York Community Bancorp Inc. are not a sign of systemic problems in the U.S. banking.
Oil prices settle lower with U.S. crude supply up by 12 million barrels Oil prices ended lower Wednesday, pressured after official U.S. data revealed a 12 million-barrel weekly rise in.