InvestorsHub Logo
icon url

Frank Pembleton

04/08/05 10:45 AM

#13113 RE: Frank Pembleton #13112

Higher Oil Prices Can't Do the Work of the Fed: Caroline Baum

April 8 (Bloomberg) -- Energy is a hot topic, as anyone who's been even semi-conscious for the past year knows. Too bad it's so widely misunderstood.

Take, for instance, the ``expert'' (on what, it's not clear) on TV yesterday morning who said ``you either get tightening from the Fed or (from) oil markets.''

http://quote.bloomberg.com/apps/news?pid=10000039&refer=columnist_baum&sid=agwo_SRsapps