ROYAL_OAK_INC

Counter argument to no rate cuts, Oil looking good

NYMEX_DL:CL1!   Light Crude Oil Futures
We've been expecting #InterestRates to be cut.

Here's the counter argument to that...

Economy not slowing down. Bigs are getting bigger.
Labor market is tight. People are working 2 to 3 jobs.
Expected payroll raises in the near future.
Expected increase in prices by businesses.
Rent and housing prices are still rising, for the most part.
Oil is trending higher. The Middle East conflict adds to this.

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