with Oli | Strategies


Archive for Mai 19th, 2008

Goldman on crude oil …

Montag, Mai 19th, 2008

Goldman hikes their forecast for the average price of crude oil for H2 2008 …
from 107 to 141(!!!) $ …
If they are right … equity markets should suffer BIG time …
Even if retail sales rise … on gasoline sales
Reason for the Goldman action is higher demand from China due to the earthquake, […]