Thursday, October 30, 2008

Breathing a little easier - economics

Oil and other commodities are making a rebound. Higher oil prices means that we aren't in total collapse. Exploration will continue. Grains are doing well. Ditto Meats and Metals.

All at the same time that the equities (Dow etc) are up.

I won't try to explain why all this is good news, but it says that fear is diminishing.

Even the FEAR INDEX is beginning to come slowly down.

Maybe the Market knows something about the election I don't. Go Sarah.

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