Chances of a Downturn Grow
There's a lot of pessimism in the oil market these days:
ThinkProgress: Oil surged to record highs above $78 a barrel on Friday as intensifying violence in the Middle East raised concerns of possible supply disruptions.
The Blogspot archive of the weblog of J. Bradford DeLong, Professor of Economics and Chair of the PEIS major at U.C. Berkeley, a Research Associate of the National Bureau of Economic Research, and former Deputy Assistant Secretary of the U.S. Treasury.
There's a lot of pessimism in the oil market these days:
ThinkProgress: Oil surged to record highs above $78 a barrel on Friday as intensifying violence in the Middle East raised concerns of possible supply disruptions.
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