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The Portent of Cheap Oil

Let’s pray that the drop in oil prices has touched bottom and that prices will rise.

No, I’m not nuts. And yes, I love seeing below $2 a gallon gas at the pump as much as everyone else. But I worry that oil prices stuck in the $20-$30 a barrel range will set off a series of frightful economic and political events that could spell big trouble not only for dividend investors, but for the entire global economy.

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