Comment on the September 21 prediction: Nah, we didn’t get a hike until the following week, so WRONG.
Tuesday, October 24, 2017, 9:30PM: Wow, it has been a month since my last posting. I guess I have been busy. So has energy prices, with oil up more than 5% in a month, and gas prices have followed. With the latest rally for Chicago gas today, perhaps motivated by the latest in the blow-off stock rally, we are back in price hike territory already, with a hike probable for Wednesday or Thursday. Looks like $2.69 or $2.75, depending on Big Red’s mood when he gets out of bed. -EA