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David Abish used to be involved with taking companies public. Now David Abish is working in the technology sector. David Abish is also an avid Mets fan and investor. And David Abish draw on his past business experience to make smart investment decisions for his own portfolio these days.
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Category: economy
With the impending deal being formulated with Iran, one can only wonder how low oil will drop. The Iranians will be able to unleash approx 1mm barrels a day to the world inventory , that as we stand seems to have excess inventory.
The trickle down economics of this impending slump in oil prices can effect life as we know it.
Price of gas will go down but many other areas of our economy will skyrocket. If we should fail to get a deal done, then the Iranians may feel they have nothing to lose and will artificially inflate the prices, the world is in trouble now at this point in time and Oil is going to be the main culprit.
by: David Abish
If you look at the stock market and interest rates, things appear to be GREAT.
Once you delve into all the fundamentals of these companies that are at all time highs you quickly realize that we are in for a free fall.
Although not as dramatic as 2008, we do see cracks in the foundation and I think this time we will let banks fail.
This will be Obama going away present..Please strap in, the flight will be a bumpy one!
by: David Abish