Mar 15, 2017

U.S. Economy, Crude Oil Prices and Interest Rates

We are dangerously close to an economic recession in America. Gasoline demand is down and the is why oil prices are going lower. The interest rate hike is going to make the problem worse. (Energy Select Sector SPDR ETF (XLE), Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), United States Oil Fund LP ETF (USO), Nymex Crude Oil Futures)