I think energy sector may be running out of steam, as it has come a long way in a short amount of time…oil may be peaking here, but it won’t be a drop — more of a sideways consolidation, I think. Just my opinion. Also, I’ve noticed a bearish sentiment emerging in the housing sector. The builders are all down today hard, as is Zillow. There’s talk the wood and other commodity prices are causing the builders problems. And housing prices have already gone through the roof — pun intended. It could well be that houses are now priced too high for the available buyers.
Published by Henry Barnard
I am a voracious reader and also enjoy writing. I often have a very different point of view than the popular one. I do see value in debate, and thought it might add to the public debate on controversial issues if I were to express my contrarian opinions. I also started keeping my poems recently (I've written little pieces my whole adult life but never kept any); and I've been a photographer now for over 25 years. So I will be adding an occasional poem and hopefully interesting photograph to the blog along the way, just to spice things up. View all posts by Henry Barnard