In the 1980-1982 recession oil declined about 70% (click on chart to enlarge). This recession is probably going to be deeper. Oil could decline more than 70% from its peak, down to at least $45. This type of decline could offer interesting investment strategies and opportunities.
More, much more of my analysis and recommendations when you read older posts in the blog archive and subscribe to The Peter Dag Portfolio by going to https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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