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S&P 500
5,431.60
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-0.04%
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US TECH 100
19,168.00
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0.52%
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Dow Jones
38,589.16
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Brent Oil
82.28
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0.00%
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sludgehound

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sludgehound

Re: None

Tuesday, 05/26/2015 8:58:08 PM

Tuesday, May 26, 2015 8:58:08 PM

Post# of 648882
Oil to $80 while China seen lower??

20:52 Bernstein says brent oil will rebound in the near future to USD 80/bbl

20:52 HSBC lowers China 2015 GDP growth forecast to 7.1% from 7.3%; lowers export growth forecast to 4.2% from 7.1%

-----------------

Just me or some kind of contradiction here? I mean unless the non China countries go gangbusters to overcome a China drag how
will oil be in such demand as to move up 60 to 80? Or 100 or 150?

Oh well, economists and analysts have dif ways of looking at same things and coming out with dif conclusions.

The greatest deception men suffer is from their own opinions.
~ Leonardo da Vinci

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