Occam’s Oil

By |2014-12-31T11:15:10-05:00December 31st, 2014|Economy, Federal Reserve/Monetary Policy, Markets|

As my colleague Joe Calhoun continually reminds us, everything that happens has happened before. The ongoing “struggle” to define what is driving crude oil prices lower is perhaps another instance of a past “cycle” being reborn. With oil prices now heading much closer to the $40’s than the $60’s, consistent commentary is increasingly swept aside. The move in crude these [...]