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A new pair of sneakers is an easy purchase to put off when filling up the tank suddenly costs $80 instead of $50. If oil and gasoline prices fall, the psychological effect can be bigger than the actual dollar savings. Suddenly filling up the car doesn't feel as painful. Consumers have a bit more breathingroom, and they become less defensive about discretionary spending. Maybe it's a new pair of running shoes, a hoodie, or a pair of Jordans that they …
— ORIGINAL POST ·
Nike: An Oil Short in Disguise
· r/stocks
· Sep 13, 2026