Wednesday, January 14, 2015

Lower Oil Unanimously Good For US Consumer

Type any permutation of oil and US consumer into the search bar for the past 6 months, and you get headlines like these. And these are only the ones from the proper news networks. The number of outlets out there circulating headlines along this same theme is insane.






(FT)

Well, boom, reality:

Pointing out the BS:

If you're not a fan of my sarcastic and caustic humour, then this is the real deal to think about:


Add that to plunging copper and a diverging credit landscape, things don't look pretty. Please tell me, why should we be at all-time highs again? Because There Is No Alternative (TINA)?

I believe cash is a position as well.

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