4/23/20 Pricing Oil Supply Without Demand
- Author
- The Lance Roberts Show
- Published
- Thu 23 Apr 2020
- Episode Link
- https://traffic.libsyn.com/secure/lancerobertsshow/4-23-20_Oil_Pricing_Without_Demand_SEG-34_audio.mp3
The lure of low interest rates has resulted in an over abundance of zombie companies--particularly in the energy sector--which, without cheap money to prop them up, should have been allowed to wither and die; instead, they've created the glut of oil that is now choking markets in a tidal wave of crude. RIA Advisors Chief Investment Strategist Lance Roberts w Portfolio Manager, Michael Lebowitz, CFA discuss the harsh realities of what needs to happen next.
