Oil prices continue to rise; looking for them to breakout to $115 per barrel soon enough.
Imagine where gas prices will be once oil prices retrace back to $123 and $137.
Think about it. Look where gasoline prices are now as Oil is at $114.43 and then think about where gas prices where in early March when oil reached $137.
See a potential problem there?
AND Housing Market Numbers are getting more and more terrible along with 40 year high credit cards and people extending payments on credit cards and loans further and further – that cannot be good!