Liz Ann Sonders from Schwab Says Oil is Frothy and We Are in Recession

Video Submitted by: Sam Cass
Stocks - Options - Mutual Funds


Liz Ann Sonders, the Chief Investment Strategist from Charles Schwab made some interesting points in this video. She says that when oil jumps $10 per barrel in a day, this is not due to supply and demand. Something else is at play. She also believes we are in a recession.

 

Submitted: Jun 16, 2008    Views: 220    Comments: 1    Likes: 1   






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JRodgers

A lot of it is supply and demand and a lot of it is a commodity bubble caused by loss of faith in the USD.

Otherwise, this is just more of the same from the brokerage industry. They want you to get in and stay in and tell you to plan to stay in for a while.

Posted: Jun 16, 2008



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