Monday, March 7, 2011

Oil, the economy, the dollar, and you, too; by Paul Gozzo

Please consider these headlines today, March 7, 2011

"Dow Rises at Open Despite High Oil Prices" (
"Stocks edge lower as oil prices spike again" (Fox News)
"Stocks Rebound Amid Surging Oil Prices" (
"US stocks plunge as oil heads higher" (Nat'l Business Journal)
"Stock futures edge higher, but oil worries persist" (Forbes)
"Stocks fall on rising oil and gold prices" (CNNMoney)

All these headlines are real. They come from stories published today, March7,2011

Recall my earlier blog (Paul Gozzo, ) what influences your thinking and therefore your opinion??

The sustained advance in the price of oil has taken its toll on The United States. Now a new leg up, above $70-$80 has emerged and the price is breaking above $100 heading toward $120.

This is not good.

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