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Oil Price Dip, Global Slowdown Create Crosscurrents For U.S
2015-02-09 14:48:00| Climate Ark Climate Change & Global Warming Newsfeed
National Public Radio: Continued job growth has boosted prospects for the U.S. economy, but it continues to face some tricky crosswinds. The big drop in oil prices and a stronger dollar both help the economy and hurt it. Add to that the recent slowdown in global growth. Lots of economists have suggested the big drop in oil prices is a gift to consumers that will propel the economy. David Kotok of Cumberland Advisors is one of them. He argues that cheaper oil will ultimately be a positive. "The U.S. comes out a big...
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Category:Electronics and Electrical