Quarterly Market Insights: Quarter 4 2018
January 17, 2019
The attention of investors was squarely focused on the steep declines in U.S. stocks from late September through year end. Yet, one of the most unexpected stories of the fourth quarter was the nearly 40% plunge suffered by global crude oil prices in the final three months of 2018. The collapse caught many market participants on their back feet in part due to the growing chorus of commentators in the late summer calling for $100 per barrel oil.
To what can we reasonably attribute the nasty bear market in oil?
Read our Quarterly Market Insights to learn more and the forecast for 2019.