Tuesday, October 21, 2008
My whereabouts
I'm either driving or in budget meetings most of the day, so blogging from me, at least, will be light. Send me amusing links to my now functioning and correctly-typed email address, and I'll put them up when I get a break. If I can I will put up a couple of scheduled posts.
In the meantime, note that the oil markets do not believe, so far, that OPEC's putative production cuts will have a meaningful impact on oil prices. How low do you think oil will go in the next three months?
Also, note that the Euro is down to around $1.32. The dollar has risen against the Euro by almost 20% since the spring. Perhaps we are not headed in the wrong direction after all! Anyway, if you still have cash money, that European vacation you wanted to take is a lot cheaper than it was in July.
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