Tuesday, June 3, 2008

Oil prices drop

Fed chairman Ben Bernanke hints that “interest rate hikes are unlikely,” and oil prices take a skid as the dollar strengthens. Wow. What a surprise. We wouldn’t have oil prices as high as we have now if we had a stronger dollar. Perhaps the Fed is starting to get a clue

1 comment:

Regretful Morning said...

Err meant to post my comment here!