Are you worried about a recession coming? These are the signs to watch
Central bankers, politicians, company management teams and the public continue to fret about the cost of oil.
A high oil price is in effect a tax, as it increases costs and squeezes margins and cash flow at companies. It also crimps consumers’ disposable income and their ability to spend.
An oil price of $147 a barrel may not have caused the recession of 2007-09 but it may have tipped a ...