The chance of a double-dip recession is increasing because of risks related to ending global monetary and fiscal stimulus. This means that the oil demand may fall again.
There are many pundits in the market, some of whom predict BOOM and some of who predict GLOOM.
Whom do we trust now? I have seen many people taking opinions from others at every opportunity of a casual talk. Does this help? Are the pundits accurate?
We think that, at this stage of uncertainty, it is best to be a bit pessimistic.
Go ahead and guess the price of Crude Oil on 30th of June 2010.
There are many pundits in the market, some of whom predict BOOM and some of who predict GLOOM.
Whom do we trust now? I have seen many people taking opinions from others at every opportunity of a casual talk. Does this help? Are the pundits accurate?
We think that, at this stage of uncertainty, it is best to be a bit pessimistic.
Go ahead and guess the price of Crude Oil on 30th of June 2010.
Post was edited 6 times, last by Barth ().