The Election Effect on Oil?
We have an election in November and oil prices are sliding fast. Funny thing ... look what happened right before the 2004 elections. What are the odds of that?It's almost as if companies and funds that thought the elections could affect them financially (not to mention potential prison time) do what they can to mollify the voting public so that they perhaps keep voting for the right people.
Following along that logic, this year, because more people are ticked off, the slide in oil prices would start earlier and go deeper ... HEY!
Nah ... must be just a coincidence.
Anyway, enjoy the low oil prices while they last.
Following along that logic, this year, because more people are ticked off, the slide in oil prices would start earlier and go deeper ... HEY!
Nah ... must be just a coincidence.
Anyway, enjoy the low oil prices while they last.
Check out my new gold and energy blog at MoneyAndMarkets.com
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