Oil is down 10%
Metals down 10-50%
I think it's good for consumer.
If Fed can stand this pressure and don't cut things may stabilize. $ will cost again more than euro and oil will be $25
Mortages will be provided with 25% down
People will start saving.
And the most pleasant there will be no Goldman Sachs, Bear sterns and other vampires
And Cramer will be a pizza-driver
Metals down 10-50%
I think it's good for consumer.
If Fed can stand this pressure and don't cut things may stabilize. $ will cost again more than euro and oil will be $25
Mortages will be provided with 25% down
People will start saving.
And the most pleasant there will be no Goldman Sachs, Bear sterns and other vampires
And Cramer will be a pizza-driver