Wednesday, January 20, 2016

Let's Talk About the American Stock Market

The "market" was down today -- why? Price of oil dropped below $27 per barrel. So? Does "oil" command so much of the American GDP that it's lack of profits "fuel" a major 500 point drop in ALL stocks?

No, the answer is "NO" and resoundingly so. Then, why the drop in the market? Manipulation maybe -- keeping money away from "green energy" --- keeping the focus on the huge "oil companies" and their problems, thus keeping the public's mental attention on oil! (What's good for oil refineries is good for the USA; what's good for coal shale miners is good for the USA; what's good for oil refiners is good for the USA!!!) But, it ain't necessarily so, is it?

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