Interesting white paper linking oil prices and US recessions. Many interesting facts, it is worth your time to read. This piece is by Vanguard.
They claim the move from $60 to $90 oil was wholly a factor of the dollar decline........I agree. They can't explain the rest though.
Scott Dauenhauer, CFP, MSFP, AIF
949-916-6238
www.meridianwealth.com