Inflation and Oil: Not Always a Slippery Slope
January 20, 2018 at 07:00 AM EST
By SNW Asset Management via Iris.xyz Last week West Texas Intermediate (WTI) oil prices rose to $63 per barrel, up from $27 in early 2016. Rising oil prices can be inflationary and in extreme cases, like the 1973 and 1979 oil shocks, rapidly rising oil prices can lead to recessions and...