- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: All major indexes down 3.3% or more today because of rout in oil, slowing demand
Posted on 1/15/16 at 12:34 pm to Kujo
Posted on 1/15/16 at 12:34 pm to Kujo
quote:
With the election coming and the aftermath, ISIS and all that ME crap.....will be $80 by summer 2017...like clock work
Yeah, like clockwork
When oil dropped in the mid 80's it spring right back up 2 years later, right?
0
Posted on 1/15/16 at 12:35 pm to slackster
quote:
For the millionth time, it is reasonable to assume that moderately higher oil prices would be a good thing for the average American worker in the grand scheme of things.
That would very much depend on the cause of the higher prices. Again, if it is natural market forces due to a booming global economy, then yes. If it is some type of market manipulation, then not so much.
Posted on 1/15/16 at 12:36 pm to slackster
quote:
What are you talking about? I'm well versed in the history of the market. You can view it as a buying opportunity if you'd like, but that doesn't mean the ride down is enjoyable.
The ride down is scary for people who don't know how to handle their money or allocate a portfolio. The discounts that people are receiving from paying lower fuel costs and the like can Be used to buy securities that are now trading at a discount. What do you think the long term outcome of that is?
This post was edited on 1/15/16 at 12:40 pm
Posted on 1/15/16 at 12:36 pm to PhiTiger1764
Posted on 1/15/16 at 12:38 pm to Sneaky__Sally
quote:
don't know what you are "on the books" saying. Your OP made it seem like you were of the opinion that oil pricing was causing the economy to tank.
Understandable, I'm just stealing the title from the headline on basically any financial website you'll find today. CNBC, CNN MONEY, Yahoo Finance, etc.
Posted on 1/15/16 at 12:38 pm to gatorrocks
The person who wrote that doesn't even know how to structure a sentence correctly. I hope you aren't serious with that article.
This post was edited on 1/15/16 at 12:39 pm
Posted on 1/15/16 at 12:39 pm to slackster
The market rose last year?
Posted on 1/15/16 at 12:39 pm to slackster
There has to be a happy medium where people aren't being put in a bind and people can stay employed!!
This post was edited on 1/15/16 at 12:41 pm
Posted on 1/15/16 at 12:41 pm to Thib-a-doe Tiger
quote:
The person who wrote that doesn't even know how to structure a sentence correctly. I hope you aren't serious with that article.
You might want to read up on who he is.
I'll just go out on a limb and say he has a bit more money than us.
While you're at it, read up on persuasive writing styles / copywriting.
Posted on 1/15/16 at 12:42 pm to gatorrocks
My husband is a farmer ... he commented last night that our fuel for last year was $30,000 less than the year before. THAT IS A LOT! Sad our income didn't go up.
Posted on 1/15/16 at 12:43 pm to tiger91
quote:
$30,000 less than the year
Nor did any prices come down on anything.
I though milk and meat would come down but they are just as expensive as ever. Posted on 1/15/16 at 12:44 pm to gatorrocks
He writes like a dumbass and was a hedge fund manager. All I need to know
Posted on 1/15/16 at 12:44 pm to gatorrocks
Tell me about it. Milk ... beef ... food in general. Air fare. It takes forever to trickle down OR does it actually NEVER trickle down???
Posted on 1/15/16 at 12:46 pm to LSURussian
Russian, I consider you pretty well educated on financial topics. Explain to me how $20/bbl would be a good thing for the global economy given the current dynamics at play?
Oversupply is not necessarily a bad thing and it has explained much of the drop in oil, but slowing demand is a whole different story and that has been the main story of 2016 thus far.
Oversupply is not necessarily a bad thing and it has explained much of the drop in oil, but slowing demand is a whole different story and that has been the main story of 2016 thus far.
Posted on 1/15/16 at 12:47 pm to tiger91
What were the differences in your commodities contract prices, 2015 vs 2014?
Did you get less money for your rice production, or more?
Did you get less money for your rice production, or more?
Posted on 1/15/16 at 12:48 pm to Thib-a-doe Tiger
quote:
The ride down is scary for people who don't know how to handle their money or allocate a portfolio.
As I said, it is not good for the average American worker.
Posted on 1/15/16 at 12:51 pm to oleyeller
quote:
i have no money in stock market.
How is this even possible unless you're a kid?
Posted on 1/15/16 at 12:52 pm to slackster
Demand is down because, amongst other things, wages are down. Wages are down because there is too much competition in the workforce (there are people with masters degrees making < 40k/year). With wages being down people can't afford to buy things and we're right back where we started.
In a nutshell, all things come home to roost. Because capital is centralized at the top there's no more for those at the bottom. Expect more of this as automation continues.
You good ole baws are in for a world of hurt.
In a nutshell, all things come home to roost. Because capital is centralized at the top there's no more for those at the bottom. Expect more of this as automation continues.
You good ole baws are in for a world of hurt.
Posted on 1/15/16 at 12:55 pm to recruitnik
A lot of the economic doomer porn out there has been talking about a popping debt bubble. What's going to be interesting if we have some type of repeat of '08 is that oil was $147 in July '08 and I think still above $100 when things hit the fan that fall (ETA, it dropped to like $60 in November and $32 in December 
). Does cheap energy help us in this instance or only exacerbate the problems with the markets/economy? Also, will it be QE to infinity with the Fed or do they let things play out this time?
). Does cheap energy help us in this instance or only exacerbate the problems with the markets/economy? Also, will it be QE to infinity with the Fed or do they let things play out this time? This post was edited on 1/15/16 at 1:02 pm
Posted on 1/15/16 at 12:58 pm to Thib-a-doe Tiger
quote:
He writes like a dumbass and was a hedge fund manager. All I need to know
What you don't know is BILLIONS of dollars are made every year with that writing style. If you don't believe me, look up Dan Kennedy. The reason you know about Proactive is because of him. Hell... The reason you know about a lot of things, is because of him and his students.
Whether you want to admit it or not, many things you've bought over the years because of that style of writing. And you will continue to buy because of it.
It works.
Page 3 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News