There can be tiny question that energy costs have profound effects on all areas of the economy. Leading up to the Market top and subsequent crash in 2008, oil prices rose to unprecendented levels. It could be stated that rising energy costs has as profound an affect on the economy as the credit default swap scandal. That said, it would make sense to track and forecast crude oil prices as part of your high level market analysis...
Wednesday, November 17, 2010
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