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4/23/20 Pricing Oil Supply Without Demand

4/23/20 Pricing Oil Supply Without Demand

The Real Investment Show Podcast · The Lance Roberts Show

April 23, 202023m 5s

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Show Notes

The lure of low interest rates has resulted in an over abundance of zombie companies--particularly in the energy sector--which, without cheap money to prop them up, should have been allowed to wither and die; instead, they've created the glut of oil that is now choking markets in a tidal wave of crude. RIA Advisors Chief Investment Strategist Lance Roberts w Portfolio Manager, Michael Lebowitz, CFA discuss the harsh realities of what needs to happen next.