Takeaway: Record - setting year marred by shadow of
oil crash means a potentially great buying opportunity In my opinion, Wall Street's reaction to US Silica's latest earnings is an overreaction.
Not exact matches
For the first time since
oil prices
crashed, strong job growth has the Bank of Canada worried about inflation,
meaning higher interest rates are coming
Starting below you will find an A to Z encyclopedia of the
oil crash and what it
means to the economy — from real estate, the job market and stocks to government finances and the 2015 federal election.
It helps that Alberta's labour market is far more diversified by industry than most people believe,
meaning it is able to adapt more quickly to shocks like the
oil crash.
The
crash in prices
meant that shale drillers moved on to greener pastures, and most of them began looking for
oil rather than gas because crude fetched $ 70 to $ 80 per barrel.
But the fairytale beginning to Villeneuve's F1 career came
crashing back to Earth in the closing stages when an
oil leak
meant he would have to go into damage limitation mode.
We invest in what we know, and while sometimes it can get us in trouble, like when Canada's
oil sector
crashed a few years ago, for the most part it
means that you're missing out on better returns elsewhere.