Northwestern Mutual

Insights & Ideas

Trends Point to Brighter Economic Times Ahead

Brent Schutte, CFA

October 25, 2016

Blame low oil prices. In a stunning fall, oil prices hit a 12-year low in June, trading below $30 a barrel, down from a peak of $151.72 achieved in June of 2008.1 What once seemed a positive for consumers became a serious threat to economic growth, prompting fears of a recession.

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