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too_old_to_be_clever t1_jeaozfh wrote

Reply to comment by Decent-Berry4681 in BlackRock warns that investors are making a mistake by betting on the Fed to cut rates by uslvdslv

Tell the oil companies to price in a recssion and lower their prices to keep demand high.

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CheesecakeNo5404 t1_jec2x1p wrote

Demand for gas is pretty inelastic in the short term. Even in 2008 it took a while for gas prices to come down and people to start buying geo metros and other cars that got good gas mileage.

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