Oct. 2, 2008: Under normal circumstances, this isn't the department for economic speculation. Did I say speculation? Sorry, I meant analysis. (But why quibble? These days they are synonymous.)But suddenly, as politicians and pundits assure us, what happens on Wall Street determines what happens on Main Street. So questions are trickling down from the business section, several floors above me, to the metro desk.
Not surprisingly, the consensus I heard, on and off the record, from various smart business executives is this: Assuming with Houstonian optimism that a meltdown is avoided, it all depends on the price of oil. More >>>
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