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The ‘simple math’ why oil prices need to rise a lot more, according to
JPMorgan
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JPMorgan says oil prices are not reflecting reality, and demand destruction
and higher U.S. pump prices are inevitable.
16 minutes ago
1 comment:
Plosser, a former dean of the Simon School of Business at Rochester University, was more circumspect.
"It could be very bad. At some level we don't really know what the consequences could be. It could be very serious. It could be less serious. Do we really want to run that experiment?"
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