Demand Down News Today

charles. let me start with this stat. even with the small gain that youre seeing on the dow, its the first eight-week losing streak for the dow jones industrial average in 90 years. since 1932. youre correct as wells that the s&p 500 did touch the bear market territory. that was significant. bear market territory is when the index is down 20% from its highs. the selling on wall street continues as investors are worried about inflation, the consumer and a recession. the concern of cours...

Oil Output Up, Demand Down and Price Forecasts Move Lower in Monthly Market Reports

States is cutting back so this is avoidable, avoidable with the right policies and dont seem to have a president that can implement those policies. >> charles: and andy, you have been being a -- active trying to rally folks on capitol hill, and the pro growth agenda. a lot of people would like to hear about it. >> well, if you just think about inflation as demand and supply mismatch, demand is up here, supply down here. you can bring demand down, which is what the fed is trying to do, and thats ...

Needs but the worry is a cries there could inflame an already tense middle east. the middle east made up a third of global oil output in the first three months of this year. plus its home to important shipping lanes such as the suez canal. the price of oil has been rising since egypt erupted in july. some forecasters fear any disruption in oil could mean oil prices keep going up. and speculation is a gallon of regular gasoline could shoot into 3.60 level in the next week. some estimates are coul...

Good points in your interviewing with newt gingrich. number one, gas prices fluctuate under every president. they were over $4 a gallon under president bush not too far before he left office. these things go up and down regardless of party or president. theres only so much a president can do. number two, in the short run, the president supported the continued payroll tax cut in part to offset the blow that consumers are taking at the pump. that is one thing that could be done in the short run. i...

Have underlying fundamental anomalies whether government or market created. whether it is housing or i.t. or oil, get the supply up, get the demand down, what the market perceives will be less dependent on unstable plagues like -- plas and the secularities will find another market to go away. >>neil: did you think oil prices and gas prices will go down? or will there be a divide? >>guest: ex-i thought it woulden below $100 and we bounced back. we will be lower into july 4th but how low will be o...