Oil and the Economy
Posted: Tue, 06 Jan 2015 2:20 am
OK all you economic and market wizards and prognosticators. I'd like to hear your opinion on a couple of questions regarding oil and the economy.
First, how long to you think low oil prices will last? Do you think there is collusion between the US and Saudi Arabia to keep production up in order to damage the economies Russia, Iran, and Venezula?
For various scenarios (6 months low prices, 12 months, 2 years) how to you think various investment categories will play out? For example:
a) Large and mid cap stocks in the US
b) Emerging market funds
c) International business funds
d) Alternatives such as real estate, commodities, gold, etc?
I've got some investment decisions to make and naturally, the falling oil price has complicated matters... maybe for the better. I know several of you have a great deal of market experience... looking to pick your brains about the future.
First, how long to you think low oil prices will last? Do you think there is collusion between the US and Saudi Arabia to keep production up in order to damage the economies Russia, Iran, and Venezula?
For various scenarios (6 months low prices, 12 months, 2 years) how to you think various investment categories will play out? For example:
a) Large and mid cap stocks in the US
b) Emerging market funds
c) International business funds
d) Alternatives such as real estate, commodities, gold, etc?
I've got some investment decisions to make and naturally, the falling oil price has complicated matters... maybe for the better. I know several of you have a great deal of market experience... looking to pick your brains about the future.