Further capex cuts are the logical response to lower price environment we find ourselves in and could get more brutal (i.e. projects cut) if the price environment gets more desparate next year.
"There's no logical reason for the price to be this low.
Logical facts like stock price fundamentals, market momentum and financial and economic changes for the better- are well-known by now and are fully reflected in current prices or way ahead of current prices, in my view.
OPEC's high reserves, low production-to-reserves ratios and a propensity not to adhere to volume quotas, make a drive for higher market share through higher output and lower prices a logical outcome to their current dilemma.There is an alternative strategy however; managing price rather than volume.
While the economist Robert H. Frank feels that the New York Mets' move to variable pricing is logical, my only question would be, Did they also lower concession prices the equivalent amount for less popular games?
Furthermore, foundational underpinnings of quantitative finance — for example, elementary logical bounds on the prices of securities — broke down.
To some degree, the rise in prices was logical in New York, where a string of outsized Wall Street bonuses lined the pockets of many buyers.
"There is no logical reason that property prices will go into 'freefall' as a result of what Labor is proposing – particularly since Labor is proposing to 'grandfather' existing negatively geared investments.
IF the prosperity of the second home market is tethered to the gyrations of Wall Street, then it would be logical to assume that prices of houses from East Hampton to Kennebunkport, Bucks County to the Berkshires had been sinking in recent months in tandem with the Dow Jones and Nasdaq indexes.
