Oil price does ripple thru the economy. I was reading on BUT that every $10 rise in oil price reduces GDP by 1/2 %, I suppose enough to put us back in recession
Any good personal hedging strategies?
I was watching the news last night and a scooter dealer was saying he was getting a lot of big SUV owners looking to downsize.
I got a basket of diversified oil and oil services companies that I’m hoping to realize a decent capital gain later this year. Investing in producers that are far from Mideast. May help a bit as everything else rises in price
