4 ms·
> I guess the question is do we have models of something like this happening before? Yes, all the major banks (Goldman, JP Morgan) have models for this kind of
by ktRolster 11y ago
> I guess the question is do we have models of something like this happening before?
Yes, all the major banks (Goldman, JP Morgan) have models for this kind of thing.
http://www.forbes.com/sites/michaellynch/2015/09/14/goldman-sachs-sees-20-oil-really/#779ff04f2a8f http://www.forbes.com/sites/michaellynch/2015/09/14/goldman-...
http://247wallst.com/energy-economy/2015/11/09/jpmorgan-slightly-raises-oil-price-expectations-for-2016/ http://247wallst.com/energy-economy/2015/11/09/jpmorgan-slig...
Eventually the price will stabilize, somewhere in the $35 - $65 range, probably.