Over the past decade, not fighting the Fed has been the single best piece of advice any market strategist could offer.
Europe's major economies are already hurting, but rising energy costs will make it worse, especially for any company dependent on discretionary spending.
Recent events in the Middle East and the oil market's reaction dramatically changes the landscape.
The oil supply disruption caused by the recent attacks in Saudi Arabia adds to a recovering international energy production environment and low valuations that make Schlumberger worth considering.
U.S. still must find out definitively who was behind the attack on the Saudi oil complex, the president said. He said the U.S. would consult with Saudis, their neighbors and with Europe.
That the market didn't plummet following the strikes on Saudi oil facilities shows big differences in our economy and reliance on foreign oil compared with just a decade ago.
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