• Strange market anomaly could spell a big breakout for oil

    7 days ago - By CNBC

    Bespoke Investment's Paul Hickey detects an “impressive trend” that should boost crude oil prices even higher.
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  • Higher Oil Prices Are About To Hurt The U.S. Consumer

    Higher Oil Prices Are About To Hurt The U.S. Consumer

    7 days ago - By ETF Daily News

    From Bryce Coward, CFA : Rising oil prices, food prices and interest rates are likely to soon start taking a toll on the US consumer.
    Over the last year, gasoline prices are up 28%, the price of cornerstone crops like corn, soy and wheat are up between 5-16%, credit card interest rates have moved to an eight year high of 13.6% and the all important mortgage rate has risen to nearly 5%. But the reason price growth in staple items/rates is now so important is because the US household savings rate has moved from 10% to just 3% since 2012.
    This means that the margin of safety, or households'...
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