Ken I hope that you are right and oil will continue to slide back to more normal prices after summer is over. Oil's prices have shot up way too fast to take advantage of the summer time travelers and like real estate oil prices I hope will be cyclical. Being an real estate agent like yourself, I only hope that we can count on real estate being at the very bottom and real estate prices will continue to climb as well. any predictions Ken?

You were into financial planning and or the stock market before you were into real estate werent you? if so what do you contribute to the 600 points gain in the stock market? will this help our economy which is now being described as in a recession?

Oh yeah you mentioned the governments stimulus checks. If youve read my blog here on AR about stimulus checks you would know that the government has been sending out stimulus checks since May and will continue to do so thru the end of this month and into August. This blog sounds like its coming from your past as a financial planner? (Do you or any other agents here on AR read anybody else's blogs? or do you just blog away?)

I just had to leave a more detailed comment on your post after all of the mindless "Good Post" comments that I see on AR that arent worth the 25 points!

Morning Ken,

The lower oil prices we have seen recently hopefully will be reflected at the pumps soon. It is summertime and many families have altered their plans because of gasoline prices.

As for the DOW, the gains are encouraging, however it is only paper until one buys or sells.

Hi Stephen and Hal.  Thanks for stopping by.

Yes I was in financial sales.  So I still watch CNBC.  I will always be interested in the stock markets.

The Dow being up 600 points feels like a small deal to me.  Dead cat bounce, perhaps.

Ken

Thank God.  WEveryone needs some relief from the prices at the pump.