by Glenn Busch
April 20, 2011
The ongoing “revolutionary” changes in the middle east, mixed with continued global growth have caused oil prices to rise to levels not seen since 2008. If prices remain elevated, it could have a major impact on consumer spending, corporate profits and overall growth. While we expect a pullback from these highs, we are monitoring developments in these markets closely.
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by Glenn Busch
April 18, 2011
“A person watching the tide coming in and who wishes to know the exact spot which marks the high tide, sets a stick in the sand at the points reached by the incoming waves until the stick reaches a position where the waves do not come up to it, and finally recede enough to show that the tide has turned. This method holds good in watching and determining the flood tide of the stock market.”
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Oil Choke Point
by Glenn Busch April 20, 2011The ongoing “revolutionary” changes in the middle east, mixed with continued global growth have caused oil prices to rise to levels not seen since 2008. If prices remain elevated, it could have a major impact on consumer spending, corporate profits and overall growth. While we expect a pullback from these highs, we are monitoring developments in these markets closely.