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Apr 07 2016

Has The Hook Been Set?

  • Apr 7, 2016

Two months ago, we suggested a short-term bounce in oil might prove to be the fundamental “hook” that would rationalize a bear market rally. We thought a bounce to $45 might do the trick—and oil futures essentially cooperated, reaching $41.90 on March 22nd.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager