| Early last year, Mark Yusko, founder and CEO of Morgan Creek Capital Management, predicted crude oil would approach $30 a barrel and deflation would become the main economic headwind for the developed world, rather than the inflation with which the market had been obsessing.
Yusko, whose dour market views were prescient, doesn't have any brighter view of economic or market conditions now. The easing of sanctions on Iran and Saudi Arabia's reluctance to cut production are among the factors that will continue to crush energy prices...............................................Full Article: Source
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