By signing into my site, you can access your favorites from any computer and get e-mail updates when new listings come in that match your recent searches.
September 15th, 2008 11:53 AM by David W. Welch
The stock market took a bit of a hit with the news today about Lehman and Merril Lynch. To some degree this was anticipated, and will probably not be the last of the failures that we will be seeing in the news. On the positive side oil continues its slide below $100 per barrel. Of course the slide is caused by lower demand, but the magnitude of the drop in crude appears to be more speculative. In the long run, cheaper oil should lead to cheaper fuel and may actually get food and other prices back in balance. If this relieves some inflationary fears, rates could stay lower longer.