Quote:
Originally Posted by jms62
Thak you POTUS for those stock prices. Be careful what you wish for.
|
It boggles my mind how much praise or blame is garnered by the President for things that he has so little control of.
Thing is....so many companies are holding onto cash rather than looking into capital investments, r and d....oil and gas is one of the few industries doing so. Yes, its nice to see lower prices, but what are the long term consequences? Obviously, the prices aren't falling on other items that are quick to raise prices when transportation costs go up.