Because most folks don't recall the media spin of how rising oil prices and the stock markets move in tandem. Now, the spin is, that folks have more freed up cash to spend.
Really? Ya ain't gunna buy a home because you paid $10 less per fill up.
Not here! $4.99 everyday price for GMO ground beef (hamburger,) Grass fed burgeris about $6.99; I don't know if 100% organic is a product offered. I pretty much skip the meat display, and now purchase tofu and eggs. Eggs are about $3.50 per dozen here in SoCal. Unbelievable. Beans and rice every day, for a complete protein, is the next step down on the food ladder.
When I was a kid, my Mom had 7 mouths to feed; we had pot roast with potatoes and carrots about 2x per week. I remember how one of us was groaning: "Pot roast again!" and Mom saying, "There will be a day when you wished you could have a pot roast meal."
I was maybe 12 or 13 years old back then, now I'm 50. I rarely buy beef, and Mom's pot roast and veggies would be a delightful meal. Whatever the media spins is BS; the eCONomy isn't better when an average person is back to beans and rice for a protein source.
No degree necessary; one only needs to look at the lint in their wallet in the 3rd week of a month, and wonder where's the $ for the remaining monthly expenses?
Remember the old saying: "If it's such a great deal, why are they telling YOU about it?"
If you don't like my posts, don't read them. Nobody but those who post here read this board. Your writing skills are wasted, and most don't bother to correct their misspellings, or other errors.
For the record, I don't own any part of Omaha Steaks, but I've made a purchase or 2 from them, not many, as it's usually out of my budget except for gifts to others.
Utilities have increased, as has food and housing. Have you purchased beef or pork in the last 18 months? Eggs, milk, bread, and fresh produce are all much higher. And let's not forget the Obama Tax folks are now required to buy, simply for being a human on the planet. That's inflation, no matter how it's sliced and diced. Bottom line is less money in one's wallet at the end of the month.
FX is the least regulated market. It's basically a handshake between banks. Retail FX is a complete ripoff, as an individual is trading against their broker, who can see every trade one places. Talk about a stacked deck!
Complete and utter horseshit. Greece isn't a powerhouse in the Euro zone, but it has been the Fall Guy for the EU QE. Spain is in as much trouble, if not more. The attack card has been played too many times, and how's that Ebola panic workin' out for ya?
Hold it right there. Our you add up on the folks who were laid off/fired in the oil and nat gat sectors; you tell me how high paying jobs that disappeared won't impact the burger guy, the beer seller and the re agent BTW, now many more will be qualified for an Omabacare MANdaorty insurance policy, and we all will pay for it. Boo Yah.. How's that another tax bite treating you?
Currencies are the bird that can shapeshift into the Black Swan.
and foul language, yet again.
How 'bout the old school way of keeping things factual, G rated, and interesting, or humorous?
They have excellent steaks, last time I ordered. I can't raise cattle in my current location, but those of you who laughed at my Green Bean Casserole post a few years ago, might want to have a review. I found yummy sounding recipe online, sometime back, using fresh green beans, sliced mushrooms, from scratch sauce, and DIY French Fried Onions. The Classic recipe is good for a quick fix, and I may choose to to make either, or both, in the near future.
2 (12 oz. trays) Green Bean Casserole 1552XE
Reg. $19.99 Hot Buy $11.99
give it your best effort to be objective, instead of being offensive.
Trading currencies is a whole nuther ballgame, and I've done it, briefly. I studied for about 6 months how many ways I could lose money trading currencies, and the rules and regs, both on shore (barely any,) and offshore (seemingly fewer.)
Long study condensed; I lost about $300 in about 6 weeks or less of trading small lots. It was a fascinating experience; including knowing that the head honcho of the local SoCal brokerage who addressed the FX retail trading group I attended, lied thru his smile, as he assured us all that "our trades thru his company would be going out onto the open market to get the best price."
I knew BS when I heard it; there is no "open market" for FX retail trades. There is no designated FX exchanges; banks simply agree who will pay X for Y. The fine print of the brokerage he was associated with said pretty much that all customers may be trading against the firm. It also stated that the firm CONtinuously monitored each FX account. They sure did!
No, it doesn't. I was checking out a temp service, as I'm unemployed, and their incredibly long online application wanted employment history for the last six years. I haven't had a paying job for the last six (6) years, but I've worked with everything I have to do what I have accomplished.
Creative accounting rules. I'm curious as to just how all that fluff pases the IRS test. I can't cheat on my personal returns like that.
Geez Louise! That must really be a bold call, hollerin' at the within $5 ballpark bottom for WTI.
Where were all them there "experts" at WTI at $100 bbl? or higher?
And, lets' review: How many of the GS associated folks were short crude, the week before that arranged market target call, and now?
Prices don't collapse unless a short or 2 have a vested interest.