New York, NY – The Dow Jones industrials closed up 331.62 points and the broader stock market also rose as falling oil prices fanned optimism that the crisis in commodities has eased.
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Stocks received another spurt after the Federal Reserve decision to hold rates steady, as was reported by VIN News.
Finally some good news
Won’t last – oil production has peaked. We’ll see a bumpy plateau for a few years, then decline in production accompanied by ever increasing energy prices.
May as well prepare now.. since we’ve wasted the last 40 years on basing our lifestyles and economy on increasing consumption. That can’t continue any longer.