Richard Batty Quotes (3 Quotes)


    If the oil price moves up, companies will be cutting back on labor costs. Corporate behavior and individual behavior seem to be a lot different.

    The price of oil deflated by the U.S. consumer price index would have to be above 110 a barrel to match the prices seen in the early 1980s. So say 55 a barrel today would be the equivalent in real terms to a price of less than 20 in the early 1980s.

    The wall of worry has continually been climbed by investors.


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