Monday, July 07, 2008

Oil, the Economy, and the Stock Market

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