Oil Controls The Stock Market And Your Retirement
Posted by: Ken Himmler
/ Category: Uncategorized Here we are on our way out of town to avoid the coming storm – Hurricane Fay. In recent posts I have talked about our need to use alternative energy and get away from fossil fuel. Not just for the air we breathe and our melting icebergs but for our economic health. I for one would like to see the DOW go to 20,000 and there are two quick ways to get there. The first would be a drastic drop in oil and the second would be a massive increase in the birth rate. We got the second one last year. In 2007 it was the highest birth rate since the 60s. Now if we could work on getting the oil down we could all do well in the market. Today I noticed that the market again responded to the scare of the potential oil problems that may occur in the Gulf if the storm takes out the rigs or the refineries.
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