5min chapter

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Lyn Alden: The Bursting Of The Sovereign Bond Bubble

Forward Guidance

CHAPTER

The Energy Sector in the S and B 500 Is the Only Positive Returning Sector

The energy sector in the S and B 500 is the only positive returning, uh, sector this year. The price of oil has surged to as high as over $120 but then it fell sharply going into the summer down to a slow as I think $72. So what do you see going forward? Because I know you see a lot of these structural deficits. However, we're going to recession and, you know, into a recession price of oil tends to fall.

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