By David Nelson, CFA CMT How you spin a story is often more important than the story itself. It’s certainly that way in politics. All you have to do is flip through your news channels on your cable box. The same story on Fox is going to look and sound a lot different than it […]
Tag Archives: Oil Embargo
December
13
Before the Bell – OPEC (The Emperor Has No Clothes)
posted by David Nelson, CFA
OPEC (The Emperor Has No Clothes) – For decades the United States has lived in fear of OPEC and the power the cartel holds over world energy markets. The 1973 oil embargo marked the beginning of a long-term rise in oil prices which helped fuel an inflationary period that brought our economy to its knees. […]
DAVID NELSON, CFA 