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.''