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