News

Search News






The Community Buzz

What is this?

Investor: "Terrifying" Consequences if Oil Drops to $40




As the price of oil drops below $50 for the first time since 2009, noted investor Jeffrey Gundlach warns that a fall to $40 dollars a barrel could spark "terrifying" geopolitical consequences.

The February contract for West Texas Intermediate briefly fell to a session low of $49.95 earlier today, while Brent crude also hit a 5- -year low.

However, according to influential investor Gundlach, founder of Doubleline Capital, a fall to $40 could set in motion devastating global developments.

Read Full Story: http://www.prisonplanet.com/investor-terrifying-co...

Shared by



Comments (0)

Add Comment
Comments Options
Sort comments by:








IBM

Apply

Application Developer

Category:

Information Technology

Region:

NY - Albany/Poughkeepsie


General Dynamics Information Technology

Apply

Sr Engineer, Systems

Category:

Information Technology

Region:

AZ - Tucson


Con-way Freight

Apply

Truck Driver

Category:

Supply Chain/Logistics

Region:

CO - Colorado Springs/Pueblo


Newmark Grubb Knight Frank

Apply

Senior Project Manager

Category:

Project/Program Management

Region:

NY - New York City