Market Outlook
Posted: Thu Jan 02, 2014 2:32 pm
Lots of doomers saying oil prices are going to fall big time in 2014. The latest from Bloomberg today:
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Market Outlook
“The outlook for the oil market over the next couple of weeks, through the end of the month, is poor,” said Rob Haworth, a senior investment strategist in Seattle at U.S. Bank Wealth Management, which oversees about $110 billion of assets. “We could see further progress with Iran and reconciliation in Libya, which would increase supply.”
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Market Outlook
“The outlook for the oil market over the next couple of weeks, through the end of the month, is poor,” said Rob Haworth, a senior investment strategist in Seattle at U.S. Bank Wealth Management, which oversees about $110 billion of assets. “We could see further progress with Iran and reconciliation in Libya, which would increase supply.”