Tag Archives: oil price

The Experts, the Oil Price and the Wisdom of the Market

A well known Wall Street economist once told me that when he entered the financial arena his boss said to him that “markets make forecasts, forecasts do not make markets”.  At the time, that observation was hard for him to swallow, … Continue reading

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Should You Fade the Plunge?

Many market cycles are marked by disproportionate investment in one sector.  That sector, post financial crisis, was energy, particularly oil.  The oil price fell with the crisis, bottomed at the end of 2008 and rallied to post crisis highs in April 2011 … Continue reading

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