Oil Further Downside
So Oil touched the 82 mark before making a short reversal up before heading down again ..
Higher than expected inflation is not a good news for the economy as it increases recession fears. Individuals and businesses cut down on expenses.
Goldman Sachs looking to shed a lot of fat as well .. that means the markets are priming for speed bump very soon !
Oil target at 75.
Higher than expected inflation is not a good news for the economy as it increases recession fears. Individuals and businesses cut down on expenses.
Goldman Sachs looking to shed a lot of fat as well .. that means the markets are priming for speed bump very soon !
Oil target at 75.
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