Dear Reader,
WTI Crude oil and Brent oil jumped yesterday. Oil could easily reach 50 USD in 2016.
Global oil majors stocks should benefit from that. Fracking companies get even at circa 50 USD, so their stocks should benefit less.
Global stocks and fixed income returns are set for mediocre numbers in the coming years. Fixed income is overvalued and stocks do not have drivers that will make stock returns explode.
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