4 ms·
Would this end up being the pivotal moment of this decade? There is already speculation of recession in the 12-18 month time frame[0] and the energy sector [1]
by myth_buster 11y ago
Would this end up being the pivotal moment of this decade? There is already speculation of recession in the 12-18 month time frame[0] and the energy sector [1] is going downhill since April. I'm seeing some cities and suburbs expanding unlike anything in a while but how much of that could be sustained?
To word it differently, did the Fed blink or are the underlying indicators where they want it to be?
[0] Given the cyclic nature of recessions, we seem to have artificially delayed it a bit.
[1] https://www.google.com/finance?catid=us-TRBC%3A50&ei=jLpxVtG1HZGx2AadjILoCQ https://www.google.com/finance?catid=us-TRBC%3A50&ei=jLpxVtG...
- ubercore 11y agoI've been understanding the energy market problems in terms of OPEC manipulations (both artificially high and low prices) more than anything else. I think renewable energy is possibly bubbling, but still doing well?
- asr 11y agoNot sure I understand your question. Are you saying the fed is wrong here and raising rates into the teeth of a likely recession? If that's your question, good luck finding someone who knows the answer, but I will note that when the energy sector goes downhill because energy is cheap, that helps, not hurts, a lot of the rest of the economy--energy is an input.