Stock Market Crash Like I Predicted as Oil, Gas, Energy Prices Soar Causing Lower Corporate Profits

MARKETS
Stocks fall as choppy October continues, Dow drops more than 250 points
https://www.cnbc.com/2021/10/05/stock-market-futures-open-to-close-news.html

Natural gas prices are rising and could be the most expensive in 13 years this winter
Natural gas prices have been racing higher and are now 99% higher year-to-date, on combination of supply concerns and rising demand.
Natural gas is expected to keep rising, and if there is an especially cold winter, Goldman Sachs analysts see the potential for another doubling of price.
The jump in prices will impact some consumers who use it for heat, and utilities and companies that use it in production processes.
https://www.cnbc.com/2021/09/09/natural-gas-prices-are-rising-and-could-be-the-most-expensive-in-13-years-this-winter.html

Oil hits multi-year highs as OPEC+ sticks to output plan
https://www.reuters.com/business/energy/oil-prices-edge-lower-wake-jump-opec-supply-restraint-2021-10-05/

Go to Source
Author: H. A. Goodman

Comments