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In the last four months of 2007 the price of crude oil increased nearly 50%, from $70 to $100 per barrel, one of the four steepest spikes in history. Philip Verleger, an expert on oil prices, shows the cause of this increase, and provides his forecast for oil prices in 2008 and their likely impact on the economy.
Direxionfunds, a leading provider of leveraged index funds, provides an educational article demonstrating the ways in which bull and bear index funds can be deployed in a variety of investment strategies. We welcome them as an advertiser.
Several readers responded to our article last week on the definition of a recession, citing an alternative definition from the National Bureau of Economic Research (NBER). We provide one of these letters, along with a response from Jim Lavorgna, the author of the article.
In the latest installment of her Freedom through Independence series, Karla Paxton shows how advisors can outsource the research on investment products, using either turnkey asset management programs (TAMPs) or specialized consulting services.
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