At this time last year, it was still unknown that a deadly global pandemic was on the rise, eventually stalling economic growth and sending crude oil prices into negative territory. But recently, oil prices have surged, with crude hitting highs not seen since before the pandemic.
A hopeful sign
Oil prices and the economy
The ultimate lead indicator?
Let me know if you’d like to chat about the economy, oil prices, lead indicators, or any other topics you’re pondering. I’m always here to help.
1. Barrons.com, February 8, 2021
These forecasts or forward-looking statements are based on assumptions, subject to revision without notice, and may not materialize.
Investing involves risks, and investment decisions should be based on your own goals, time horizon and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost.
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite, LLC, is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.
Oil Prices on the Move
February 26, 2021