GDP, OIL AND MCCAIN VERSUS OBAMA

Government stats released today say that during the 2nd Quarter we grew at 3.3% rate.

This is GREAT news: it means there is no recession, and that things are things improving.

Consumer confidence is improving too.

DESPITE THIS GOOD NEWS TODAY, THE PRICE OF A BARREL OF OIL WENT DOWN - EVEN AS GUSTAV BEARS DOWN ON THE GULF (ASIDE: AND NOLA SADLY!).

THIS IS VERY WEIRD; HERE'S WHY:

IF THE ECONOMY IS STRENGTHENING, THEN DEMAND FOR OIL WOULD BE LIKELY TO INCREASE AND THIS SHOULD INCREASE PRICES - NOT DECREASE THEM.

SO... WHAT EXPLAINS THIS "ANOMALY"?

I OFFER THIS AS AN EXPLANATION: THE ELECTION.

HOW!?

SIMPLE:

• AN IMPROVING ECONOMY HELPS THE GOP
• AND THE GOP WILL LIKELY OPEN UP THE USA FOR MORE ENERGY SUPPLIES.
• AND THEREFORE EVENTUALLY MUCH MUCH LOWER PRICES.

IOW: MCCAIN IS GOOD FOR THE GLOBAL ECONOMY AND INVESTORS GLOBALLY KNOW THIS.

VOTE ACCORDINGLY.