(Note: This article also appears at Global Economic Intersection here) Article Summary… For the consumer who is now paying a fraction of last years prices at the pump, we know that the reduced cost in oil has been a financial boost to our wallets! But, in the overall scheme of the US economy, do the […]
The price of crude oil is currently one of the big news stories that both financial market AND geopolitical analysts are paying close attention to! Where is the bottom in the price of crude oil, when will it arrive, what message is the sharp and steep decline telling us and what if any impact will it have […]
Why is it that a title insurance guy is beating the drum about the potential economic impact of plunging crude oil prices? You’re probably asking yourself ‘shouldn’t he be focusing on things that he knows about or that may affect his business?’ Well the truth is that the potential economic ramifications of crashing crude oil […]
In an article this morning, ‘Is there a downside to plunging oil prices?‘, we looked at the potential impact the price drop could have on derivatives, high yield debt and geopolitics! I have since read an article that expands my list of three issues to a discussion of ten areas of the economy that have […]
If you’ve been listening to the reporting of financial or political pundits, falling oil prices have typically been touted as a ‘major tax cut’ for consumers! They speak of the fact that the drop in the price of a barrel of oil (WTI currently in the low $60/barrel range) puts money into the consumers pocket […]
