The Energy Report - Stimulus a go-go

By International Business Times,  July 09, 2012, 07:24:20 AM EDT

Round and round she goes who will act next no one knows QE or no QE that is the question. The EU meets in Brussels in the aftermath of Friday's pathetic US jobs report.  Oil traders seem to believe that as bad as the data was somehow the rest of the world is still worse off and the odds of QE from the US while higher it will not give this market strong support. Even as threats from Iran and a labor strike in Norway is failing to provide support to a market that is facing up to the reality of slowing demand.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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