Citigroup says oil is going from cheap to dirt cheap
Breakfast with Benjamin: Could $20 oil really happen? According to Citigroup, It's impossible to call a bottom point. Plus: Morningstar crowns the 'best' liquid alts fund, another oil producer feels the pain, and the case for active management gets stronger.
- Could $20 oil really happen, or is Citigroup just pushing worst-case scenarios to the limit? Claiming it is not possible to call a price floor and then calling one, doesn’t exactly sound like confidence. ‘It’s impossible to call a bottom point’
- Morningstar’s alternatives fund manager of the year gained a little more than a third of the S&P 500 last year, which might have some investors wondering if it’s even worth it. Boston Partners Long/Short Equity Fund (BPLSX)
- Cheap oil lays a wet blanket on another oil and gas producer. SandyRidge is shutting down 75% of its rigs
- Making the case for active management over passive strategies. The trend is not your friend, my friend. Riding the sideways market
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