The price of oil is down by 40 percent in six months and hardly anyone saw this coming. from My Budget 360 Black swan events are bound to happen in financial markets. It appeared that 2014 would be a year where stock markets gained footing in the world of supposedly low volatility until oil prices came crashing down. The crash in oil is enormous. It has sent many countries into panic mode including Russia where interest rates were hiked up to 17 percent.
Read more about Why Oil is Crashing and the Black Swan Event of 2014
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