Wall Street may have decided it has fallen enough. The oil prices' fall had been factored in for quite some time. So the declines in Wall Street has to end and a rise has to be rather sustained. With the fall in Euro and the bold declaration of non curtailment of production by the United Arab Emirates, the economies of the World are getting confirmation of market forces at play. As input costs fall, it should be good news for non oil producers and manufacturers and industrial and individual consumers in even oil producing nations like USA . So the climb back looks set for good. A day of buyers. Wall Street should turn other equity markets up too the morrow.
Views expressed without any risk or responsibility.
Views expressed without any risk or responsibility.
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