OIL : SUPPLY SHOCK, SLIPPERY SLOPE OR FALLING KNIFE

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Supply Shock and Awe

“If the mid-80s’ supply-driven oil crisis is a guide, we should expect further declines and a prolonged period where oil prices remain depressed.”Scott Minerd. CIO Guggenheim Partners”    Read more

Chart of the Week: Supply Shock Suggests More Downside Risk for Oil

Will the Oil Plunge Mirror the Mid-80s’ Supply Shock?

Source: Haver, Bloomberg, Guggenheim Investments. Data as of 1/8/2015.