2015-05-12

Cost of oil consumption to US GDP

Look at that recent drop. US Consumption hasn't dropped off dramatically. The Bond market has been going haywire recently and I'm sure that the yield curve is getting closer to negative. But is this drop in oil prices going to boost the economy? Or is it indicative of an economy about to go into recession. Stay tuned.

2 comments:

CapitalStars07 said...

Nice Blog..Your article is extremely knowledgeable.Thanks..!!
GET Cash Intraday Tips

Unknown said...

According to the World Bank Group, India’s GDP (in current US$, 2015) is US$ 2.095 trillion vis-a-vis the World GDP (in current US$, 2015) of US$ 74 trillion. Thus India’s share in the global economy is about 2.83%.Equity tips