Dave Nicoski on Market Consolidation; Dan Steffens on Oil and Energy Outlook

After this week’s market wrap-up with Ryan Puplava, Dave Nicoski of Vermilion Research explains how the stock market is in a consolidation mode with the possibility of the economy towards a “growth recession” based on a number of trends, including the behavior of long-dated financing sectors like autos and housing. Next, Lastly, Dan Steffens at Energy Prospectus Group gives an update on oil and the energy markets with a look at OPEC production, overestimates from the IEA and EIA, and misperceptions on shale. Dan says there are a ton of bargains in the energy sector currently.

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