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The underlying trend is still strong; plus, oil closes below $70.
Advisor TalkingPoints: Prepare for client interactions with this week’s analysis reviewing the economic impact—or lack thereof—from falling gasoline prices, plus stock and bond performance, job growth, and a peek ahead.
Advisor TalkingPoints: Prepare for client interactions with this week’s analysis reviewing the latest drop in oil and how it may affect U.S. shale oil production, another round of favorable economic data, the European Central Bank, and the latest from the Bank of Japan, whose decision last week boosted stocks.
TheStreet: The U.S. Consumer Energy Alliance believes gasoline prices could go even lower this month, leaving more cash in consumers’ pockets for the holiday shopping season.
Is the falling price of crude oil purely a function of the technologies that flooded the U.S. market with natural gas catching up and having the same effect in the oil fields? Or is politics at play?
October Chart Talk: U.S. oil production now rivals that of some major exporters.
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