Collapsing oil prices get real with no bottom in sight
Plus: Russian equities take a direct hit, gold prices tank on Swiss no-vote, and using Cyber Monday to satisfy your inner foodie
Dec 1, 2014 @ 6:00 am
- The collapse of oil prices is driving serious speculation about how bad things might get. Comparisons are being drawn to the impact of falling oil prices three decades ago that led to the fall of the Soviet Union. Few expected the power or speed of the U.S. oil resurgence
- Russian equity ETF takes a hit in stride with oil prices. Market Vectors Russia (RSX) fell 5.5% in one day
- Gold drops like the rock that it is after Swiss voters reject a plan that would require the government to own lots of gold. The vote failed by a margin of 78% to 22%
- If you must shop online at work today, here are a dozen Cyber Monday ideas for the foodies on your list. Teavana, for those who insist that tea is the new coffee
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