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Eww, this is shaping up to be a ugly 1st of July.:blink:
..... no pain no gain. That's what they taught you at Paris Island - remember.
That's what they taught you at Paris Island - remember.
ECB rose rates to 4.25% making our dollar look weaker and this in turn causes oil prices to rise. The Fed is going to have to get off their asses soon.
They need to cut the crap and do an emergency rate hike! A big one...trump that Jean-Claude dude!
Oil companies are in control. No rate hike until oil is $150.
Luv,
I think somewhere between $150 and $155 bbl will trigger an emergency rate hike by the FED or they will pull some other trick.
Just wait until GM or Ford files for bankrupcy.:worried: Will the FED bail them out like congress did Chrysler?