We have been very cautious about the oil market since June following the disappointing US oil demand data and the sudden shift in the macro markets (following the June Fed rate hike). Since then, energy stocks have taken a hit, and we have redeployed all of the cash we held on the sidelines. While we are now fully invested again, it's important to look at the variables that could present themselves as hurdles as we go into year-end.
Energy Investors Must Be Aware Of These Things
Energy Investors Must Be Aware Of These…
Energy Investors Must Be Aware Of These Things
We have been very cautious about the oil market since June following the disappointing US oil demand data and the sudden shift in the macro markets (following the June Fed rate hike). Since then, energy stocks have taken a hit, and we have redeployed all of the cash we held on the sidelines. While we are now fully invested again, it's important to look at the variables that could present themselves as hurdles as we go into year-end.