January 1st 2014 3 29 A News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Talking about is obviously the collapse of oil prices but what that has meant is a huge fall in gas prices. we can show you that january 1st, 2014, 3.29 a gallon was the national average. today it is 2.24. some say it is going to go even lower. what does that mean for the larger economy in the sense that so many americans now feel like they basically got a pay raise? there is more money in their pocket. there is a lot happening here. the guests that came to my home in new year s eve filled up for a buck 77 yesterday and were thrilled about it. this increases consumer confidence. consumer confidence plays weird tricks. causes us to spend money. strange part it causes us to go into debt. when we feel the best about our financial lives we go and borrow money. so that will have an impact in 2015. but the flip side of that which i don t like, is that a large part of our indexes, our investment indexes are the oil ....

Gas Prices , Oil Prices , January 1st 2014 3 29 A , 23 29 , Accused Americans , 12 24 , Consumer Confidence , Buck 77 , You Refire ,