SPDR S&P 500 (SPY): I'm no expert on oil or its economic eff...

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Re: risk on post# 179346

Thursday, 01/21/2016 9:46:55 AM

Thursday, January 21, 2016 9:46:55 AM

I'm no expert on oil or its economic effect. But an article I read made the case that as these countries who depend on oil for a large portion of their money from taxes are forced to keep producing and even ramping production to offset the price. Leading to a even lower price. Much more there in the article but I can see that point.

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