Jim Huntzinger, BOK Financial’s Chief Investment Officer, provides timely economic and market updates as changes in the U.S. and global economic conditions occur.
Today’s topics include:
- Largest drop in Consumer Price Index (CPI) in six years
- Federal Reserve meets today to discuss economy
- U.S. economy accelerating at the end of 2014
- Energy: -47% from summer 2014, -22% since Thanksgiving
- Weak global demand and additional supply forcing oil prices lower
- Energy stocks will bottom long before the rig count and earnings trough
- Russia economy being crushed by lower oil prices-they are the world’s largest producer
Click here to watch the video.
© 2014. BOK Financial Corporation. Services provided by Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Kansas City, Bank of Oklahoma, Bank of Texas, Colorado State Bank and Trust, divisions of BOKF, NA, Member FDIC. BOKF, NA is a subsidiary of BOK Financial Corporation.