Analysis | The Most Important Number of the Week Is $80

0
10

[ad_1]

Needless to say the financial system and customers did simply high-quality between 2010 and 2015, when oil costs averaged greater than $100 a barrel. The strategists at JPMorgan Chase & Co. wrote in a record this week that adjusting for inflation, client steadiness sheets, overall oil expenditures, wages and costs of different belongings comparable to housing and equities, although oil rose to between $130 and $150 a barrel, fairness markets and the financial system may just serve as neatly. In truth, they argue that oil is in reality reasonable at $80 a barrel when bearing in mind that all the main asset categories — bonds, shares, actual property, and many others. — have higher about 50% or extra during the last decade, whilst oil has declined 25%. Right here’s how they summed up their perspectives:

[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here