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Petrodollar Shopping Spree Could Be Starting
by Guy Bennett
President, Q1 Publishing
As we twist in the wind, watching the markets rise on vapors and plummet on gossip, the financial pundits are trying to figure out whether the current mini-rally is here to stay.
History indicates that there will be plenty of rallies as we bounce across the bottom. After all, the stock market is a self correcting system. When prices get low enough, people will start buying. And when they start buying, prices will move up.
However, there’s a new wrinkle this time around.
To buy stocks, you need cash or credit. These are two commodities in short supply in…
5Nov2008 | Q1 Publishing | Comments Off | Continued
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