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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: Return to Sender who wrote (3823)10/27/2014 6:57:42 PM
From: Jacob Snyder1 Recommendation

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Return to Sender

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<bears will say that oil is falling as a predictor of an impending recession>

That will be true, when the price of oil is falling because of falling demand. If oil demand is falling, we'll see lots of other signs to falling demand.

Mostly, the price of oil is down today, because of improved technology that has increased supply. That is not a sign of impending recession.

Recessions cause low oil prices, not the other way around. It is more likely that high oil prices will cause the next global recession.
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