Jim’s Big Picture: QE Risk-On and Sector Rotation
Also on the Big Picture: Peak Oil−A day of reckoning postponed
In this week’s first Big Picture segment, Jim looks at "QE Risk-On and Sector Rotation." As the economy continues to weaken and unemployment rises, this may leave the Federal Reserve, and more QE, as the only game in town. In his second Big Picture segment "Peak Oil−A day of reckoning postponed," Jim looks at recent energy research on unconventional oil production, and how it may have bought the globe another 10 years after the peak in conventional oil in 2005.