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peterb
ParticipantYou may also want to consider that at $42/bbl, most of OPEC’s competitors cannot make a profit and thus will cease to operate if this maintains for too long. This may not be the bottom for oil, but I bet it’s dang close. Maybe it could drop another 10%? But of course, the next question is, “what’s out there to cause it to rise?” Look at oil performance for most recessions. Not too good. But it could be good for a 15% pop over a few months.
ParticipantYou may also want to consider that at $42/bbl, most of OPEC’s competitors cannot make a profit and thus will cease to operate if this maintains for too long. This may not be the bottom for oil, but I bet it’s dang close. Maybe it could drop another 10%? But of course, the next question is, “what’s out there to cause it to rise?” Look at oil performance for most recessions. Not too good. But it could be good for a 15% pop over a few months.
ParticipantYou may also want to consider that at $42/bbl, most of OPEC’s competitors cannot make a profit and thus will cease to operate if this maintains for too long. This may not be the bottom for oil, but I bet it’s dang close. Maybe it could drop another 10%? But of course, the next question is, “what’s out there to cause it to rise?” Look at oil performance for most recessions. Not too good. But it could be good for a 15% pop over a few months.
ParticipantIf what you’re claiming is accurate, you may be one of the only people in CA to have experienced this. Wow. Good luck in the future. You’re gonna need it with investment capabilities like this!!
ParticipantIf what you’re claiming is accurate, you may be one of the only people in CA to have experienced this. Wow. Good luck in the future. You’re gonna need it with investment capabilities like this!!
ParticipantIf what you’re claiming is accurate, you may be one of the only people in CA to have experienced this. Wow. Good luck in the future. You’re gonna need it with investment capabilities like this!!
ParticipantIf what you’re claiming is accurate, you may be one of the only people in CA to have experienced this. Wow. Good luck in the future. You’re gonna need it with investment capabilities like this!!
ParticipantIf what you’re claiming is accurate, you may be one of the only people in CA to have experienced this. Wow. Good luck in the future. You’re gonna need it with investment capabilities like this!!
ParticipantRight now, the industry is still in fear mode due to massive default levels. Risk has reasserted itself into the mortgage business. This will probably subside in a couple of years at which point the spector of deflation will be extremely obvious to everyone and their mother. Rates will come down as they do in all contractions. If you consider that we’re probably in negative CPI territory at this point, 4.5% will be the old 6.5%. And there ya go. But there’s the tinfoil camp saying the US$ will collapse in June. But I dont buy it, they always over react. We’ve had devistating collapses in the past and the world reserve currency alwasy comes out on top. And that’s the US$.
ParticipantRight now, the industry is still in fear mode due to massive default levels. Risk has reasserted itself into the mortgage business. This will probably subside in a couple of years at which point the spector of deflation will be extremely obvious to everyone and their mother. Rates will come down as they do in all contractions. If you consider that we’re probably in negative CPI territory at this point, 4.5% will be the old 6.5%. And there ya go. But there’s the tinfoil camp saying the US$ will collapse in June. But I dont buy it, they always over react. We’ve had devistating collapses in the past and the world reserve currency alwasy comes out on top. And that’s the US$.
ParticipantRight now, the industry is still in fear mode due to massive default levels. Risk has reasserted itself into the mortgage business. This will probably subside in a couple of years at which point the spector of deflation will be extremely obvious to everyone and their mother. Rates will come down as they do in all contractions. If you consider that we’re probably in negative CPI territory at this point, 4.5% will be the old 6.5%. And there ya go. But there’s the tinfoil camp saying the US$ will collapse in June. But I dont buy it, they always over react. We’ve had devistating collapses in the past and the world reserve currency alwasy comes out on top. And that’s the US$.
ParticipantRight now, the industry is still in fear mode due to massive default levels. Risk has reasserted itself into the mortgage business. This will probably subside in a couple of years at which point the spector of deflation will be extremely obvious to everyone and their mother. Rates will come down as they do in all contractions. If you consider that we’re probably in negative CPI territory at this point, 4.5% will be the old 6.5%. And there ya go. But there’s the tinfoil camp saying the US$ will collapse in June. But I dont buy it, they always over react. We’ve had devistating collapses in the past and the world reserve currency alwasy comes out on top. And that’s the US$.
ParticipantRight now, the industry is still in fear mode due to massive default levels. Risk has reasserted itself into the mortgage business. This will probably subside in a couple of years at which point the spector of deflation will be extremely obvious to everyone and their mother. Rates will come down as they do in all contractions. If you consider that we’re probably in negative CPI territory at this point, 4.5% will be the old 6.5%. And there ya go. But there’s the tinfoil camp saying the US$ will collapse in June. But I dont buy it, they always over react. We’ve had devistating collapses in the past and the world reserve currency alwasy comes out on top. And that’s the US$.
ParticipantProving once again, that timing is everything.
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