Forecast came true

The 'smart money' is investing in oil now
24 february 2015

Like shoppers on Black Friday, Wall Street titans have a keen smell for deep discounts. At the moment, they're sniffing in oil fields.

Many parts of the U.S. stock market look expensive these days, but prices have fallen dramatically in the energy sector from over $100 a barrel in the summer to under $50 now.

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The 'smart money' is investing in oil now

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Forecast came true

Wall Street titans have a keen smell for deep discounts. At the moment, they're sniffing in oil fields.