at Benzinga.com (Jan 7, 2015)
Bank economists take issue with the absurd assertion that higher oil prices, by pushing...
Bank economists take issue with the absurd assertion that higher oil prices, by pushing inflation onto Japan, will be a boon to its economy. Macquarie remembers the last oil surge tipping Japan into recession long before Lehman blew. As Cullen Roche notes, the recent surge in crude is profoundly deflationary.
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