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turbo6bar turbo6bar is offline
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Join Date: Apr 2000
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Consumer confidence up today. Additionally, sales of vehicles with V8s is not falling. This equates to a public that is not perturbed by high fuel prices. We can absorb high oil prices as long as inflation does not creep into the rest of the economy, and I think Bernanke has the means to quell inflation (i.e. 50 or 100 basis points hike in Fed rates). Well, I hope that is true.
Old 04-25-2006, 08:27 AM
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