Four Commonsense Clues to a Genuine Market Bottom [View article]
Sean M,
Take a look at Jeff Rubin's (CIBC World Markets) report that attempts to provide hard evidence that each major economic downturn this century was immediately preceded by a spike in oil prices. Note that I'm not saying that *I* believe that this is the case, I'm just pointing out a potential body of evidence that argues the point counter to yours. Make up your own mind. Here's the link to the report:
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Sean M,
Nov 18 16:30 pm
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All Comments by Jase »Four Commonsense Clues to a Genuine Market Bottom [View article]
Take a look at Jeff Rubin's (CIBC World Markets) report that attempts to provide hard evidence that each major economic downturn this century was immediately preceded by a spike in oil prices. Note that I'm not saying that *I* believe that this is the case, I'm just pointing out a potential body of evidence that argues the point counter to yours. Make up your own mind. Here's the link to the report:
research.cibcwm.com/ec...
The chart/data that I'm citing is found at the bottom of page 4.