Long energy and short financials has been a winning hedge fund trade this last quarter, but has since unwound. Oil has fallen nearly $30/barrel off it’s highs approaching $150/barrel, and financial stocks have been all the rage of late. Concensus is that, although we’re not in a recession, GDP growth is stagnant and markets are all over the place. How should a prudent investor approach today’s environment, particularly in dealing with energy? Continue Reading


