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Gas is advertised in Chicago last month. Wall Street and academia are two fields that publish a great deal of research, albeit for different objectives and audiences.

Wall Street has a tendency to emphasize mainline research, a process that produces a great deal of specialized, up-to-the-minute research, but one that also can sometimes overlook -- even intentionally exclude -- research by niche or lesser-known researchers.

In focus: oil

One example: oil prices and the U.S. economy. Wall Street abounds in research describing oil's impact on U.S. GDP. As most investors/readers know, the current consensus holds that as oil prices rise, the U.S. economy slows, and if it rises too high it can throw the economy into a recession.

Continue reading Despite oil's climb, U.S. economy bends, but doesn't break

Despite oil's climb, U.S. economy bends, but doesn't break originally appeared on BloggingStocks on Mon, 03 Dec 2007 18:22:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>1973-74 oil embargo1973-74 oil shock1979 oil shockeconomic growtheconomyfeaturedgasolinegasoline pricesGDPinflationLeeboiloil pricesoil shockOPECrecessionSteve LeebU.S. economyMon, 03 Dec 2007 18:22:00 EST