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Market Watch: Oil has best three months in 19 years

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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-30-09 01:18 PM
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Market Watch: Oil has best three months in 19 years

http://www.marketwatch.com/story/company-debt-looks-more-attractive-than-stocks

Company debt looks more attractive than stocks
Stocks have best quarter in 10 years, oil has best three months in 19 years


<snip>

Among other asset classes, commodities have also seen huge runs during the quarter. Oil, for one, is set to rally more than 40% in the second quarter, the biggest quarterly gain since Saddam Hussein's invasion of Kuwait in the third quarter of 1990. See Futures Movers.
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-30-09 01:23 PM
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1. better than LAST summer, when it skyrocketed to $140/barrel? Are you sure?
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