oil
3 statements across 3 episodes · 0 bullish · 3 bearish · 3 people on the record · first statement Jul 23, 2018 by Manny Friedman · across every show →
Everything said about oil, oldest first
Jul 23, 2018 bearish
Friedman: Oil and legacy assets will become stranded within 20 years
“So I would argue lots of assets that you think are very, very valuable, such as oil, will eventually be stranded. Might take 10 years, might take 1520 years, but when it's stranded, it doesn't mean it's worthless, it means it's Worth a lot less than it is toda…”
Jul 8, 2021 bearish
Grantham: Oil dropping to 2.5% of S&P is largest historic sector loss
“Oil as a percentage of the S&P had come down from 25% in 1982 and 16% in oh eight to two and a half percent yesterday. This is the biggest loss of value in the history of the major groups of the S&P that goes all the way back into the 20.”
Dec 19, 2022 bearish
Marshall: Oil reliance and corruption make India difficult for foreign manufacturers
“India, you know, oil continues to be the, you know, sort of their Achilles heel as far as their current account, and we're seeing the reserves come out, and it still is a market with a ton of corruption, and so it's from an ease of doing business for foreign m…”