Justin Urquhart Stewart latest weekly update – Oil & Spain – An Oily Quandary

Justin is one of the most recognisable and trusted market commentators on television, radio, and in the press.

Originally trained as a lawyer, he has observed the retail market industry for 20 years whilst at Barclays Stockbrokers and developed a unique understanding of the market’s roles and benefits for the private investor.

Each week we will bring you Justin’s latest thoughts and commentry.  For a taster of this week’s article please continue to read..

OIL & SPAIN – Read the full article here!

An Oily Quandary

There was an oddity the other week when we had our latest flash crash in the global markets. The list of apparent woes and excuses that were cited for the market falls seemed to grow ever longer, but one struck me as being especially odd. For years in the West we have all been brought up on the mantra that oil prices rising were going to be bad for the economy, although no doubt a helpful fillip to the profits of the energy companies.

Perversely then it seemed strange that one of the ‘negative’ factors thrown at us was the fact that the price of crude oil was falling. This was to the headline writers obviously a further sign of deflation and a weakening economy and….so it went on.

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