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Recession Fear Drives US Oil Below $100; Inventory Data Awaited

  
Commodities May 10, 2022 03:57PM ET

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Stan Smith
Stan Smith May 10, 2022 3:28PM ET
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I thought the economy was booming and according to the FED was why it raised rates. Now this:  Economic Indicators are Now At Worst Level Since 1947. Lies are being told!
andres camilo marin
andres camilo marin May 10, 2022 3:28PM ET
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the economy that was pumping (and arguebly still is) is the speculative market. the underlying day to day worker was affected and only supported by government's subsidies
andres camilo marin
andres camilo marin May 10, 2022 3:28PM ET
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the economy that was pumping (and arguebly still is) is the speculative market. the underlying day to day worker was affected and only supported by government's subsidies
Stan Smith
Stan Smith May 10, 2022 3:28PM ET
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andres camilo marin  Lots of speculation going on these days...best to ignore the facts and just speculate
Grant Garber
Grant Garber May 10, 2022 3:28PM ET
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no, economy was operating on sky high evaluations prompted by the easy Fed money. now. unemployment is very low but due to supply constraints brought on by a number of factors, China lockdowns, lack of port workers, freaking transport companies manipulations and you get higher prices. it was a matter of time. we have been in a rolling bear market for a few months now.
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