Surprise! at It looks obvious

Surprise!

When I read this news report back in April I knew I have to keep it:

Campaigning for his wife in North Carolina, former President Bill Clinton said Wednesday that he’d be “very surprised if oil goes below a hundred dollars a barrel again in my lifetime.”

One this for sure - Mr. Clinton should be very happy that his lifespan is not depended on the public’s memory. It is also telling us something about the quality of market predictions and economy assessment done on the campaign trail, but today we will only enjoy the gotcha feeling

I must provide another short note about Oil prices, with at least the same quality of Clinton’s prediction. Oil price reached its peak the day before I left my job - since than it drop about $50 (about 34%) in a pretty short period. The demand didn’t really changed, the supply is basically the same and dollar is still very weak. The only significant change is the fact that I’m unemployed. Therefore, and since it is important for strong global economy I need to be paid to remain unemployed at all cost!