The Damage is Irreparable…

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5 comments

  1. (0) 0
    jaafar Chekroun says:

    What im seeying here from Canada, most of my neighbors in Montreal are either in PHEV or Electrical, sells on CVT motors is totally dead, so maybe scarcity would come form Copper that is still at all times high?

  2. (0) 0
    mpeart22 says:

    Tying the Oil price to unemployment rate – brilliant!!

  3. (0) 0
    blue.somogyi says:

    Im not sure this video actually makes the point that the title is going for. Perhaps some clarification from Bravos?

    1. (0) 0
      BRAVOS says:

      The damage from interest rates is indeed settling in the economy. This is why we believe we’re much closer to the end of the business cycle rather than the beginning. But for the economy to tip into a recession you need a sudden tightening of financial conditions (which often comes from rising oil prices), recently we’ve had a loosening of financial conditions (low oil and low dollar) which isn’t suggesting that a recession is being catalyzed just yet.

  4. (1) 1
    kph5046 says:

    Could a large hurricane in the gulf, or a series of them in quick succession, cause this tipping point in oil prices and start an accelerated downturn in the market?