I was out running this morning, Realized that gas had just hit $1.50, after 6 months ago it being $4.00.
It Troubles me, as a big believer in Markets, and supply and demand, Even a "Lack of Inefficiency in markets".
This does worry me, Something is Seriously wrong in markets, when we can see that kind of swing.
Mustard seeds, dude.
ReplyDeleteWorry on the way up, not down. (Unless you're long oil.)
Ok Kudlow,
ReplyDeleteI just think that is super strange, haven't seen that price since 97 or so.