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| I haven't had the $ parameters you listed on ag commodities, but I do believe in your comments about the economy after the first of the year.
When the headlines are that over 25% of mortagages are under water, more people will be like the donkey that decided he could never reach the carrot on the stick and quit pulling.
News just said 11 states "look" like they have turned around, BUT the economists DON'T think that it will lead to more jobs because the employers are afraid that it will be a mirage and just have the existing workers do more. Make the recovery more unstable and longer.
Just the $20 rise in CL, all TV stations are sitting at gas stations and people saying have less to spend on Christmas now. Retails stores ordered less for this Christmas season, less spending, more questions, more instability.
J/F/M are slow months, this year be more unstable and more fear. | |
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General thoughts into year's end and my thoughts
