Timothy Siegel

AK Steel: 10 Structural Changes That Should Trump the Business Cycle

Fxtrader, you and I think in a similar way. I remember watching CNBC, last year, and hearing an analyst say that the recession would likely drive petroleum prices down. I was aghast, because it seemed that to this fellow the U.S. was the world. "We are the world," some think. And right after WWII, there was some truth to that. The US represented a huge share of the world economy. But it sure is not true any more.