Tag Archives: US economic forecast

Crude Oil At 11-Year Low While The S&P 500 Is, Well…Not Even Close!

stock market,real estate,crude oil,recession

This morning Brent crude hit its lowest level since 2004 while West Texas Intermediate hasn’t had spot prices this cheap since about 2003 (see chart above)!  Market experts are in general citing surging levels of crude supply with no appreciable decline in that supply anywhere on the horizon as the major reason for the price drop. A popular […]