Some Common Cents for December 11th 2015

December 12, 2015, by John Norris

For most of my career, investors have thought low energy prices were good, generally speaking, for the US economy. As one esteemed economist told me back in the day: “the only things that really matter are energy prices and interest rates.” This makes perfect intuitive sense: it is hard to have runaway inflation without energy playing a pretty significant role. It is almost harder still to have skyrocketing interest rates without inflation, at least in...

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