Wrong Answer to the Right Question (guests: Russell Clark, Cem Karsan)
The Market Huddle
00:00
Why the Oil Curve Is Wrong
Patrick Cronin: Why is it that you get mocked so badly for saying that the futures curve is here in the market saying that oil is going to be here in a year, but then the market's saying that the interest rate is going to come out of. He says both have the chance to be really, really wrong. Cronin: I don't really have a good reason why it's so much worse than on, you know, for WTI because it's on interest rates. The curve is often just as wrong.
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