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Home Front Economy
Oil falls below US $89/bbl as stock markets drop
2008-01-22
Posted by:lotp

#4  Good for exports, bad for the dollar and imports. Europe's not going to be happy (but so what).
Posted by: DMFD   2008-01-22 22:22  

#3  Sign of deflation.
Posted by: Bright Pebbles   2008-01-22 09:03  

#2  Just make sure those speculators who bid high pay when the note is due without escape clauses.
Posted by: Procopius2k   2008-01-22 08:50  

#1  Fed Cuts Rate 0.75 Percentage Point in Emergency Move... for the first time since 2001.
This from Bloomberg at 0827 EST.
Posted by: Anguper Hupomosing9418    2008-01-22 08:37  

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