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Unless that changes, markets will wake up to that risk – perhaps with a jolt – sooner or later.
Since it takes time for oil companies, as well as consumers, to react to price changes, markets tend to respond with a perilous lag.
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It is about technological changes, market changes, and changes in consumer reaction to things".
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"Times change; markets evolve," he notes.
Correction to this articleIT PUT noses out of joint, but it changed markets for good.
"You're not going to change markets," he said, with a sigh.
Until now, when economic conditions changed, markets were left to wonder whether Fed policy would change, too.
Tastes change, markets morph.
However, as U.S.-Mexican agricultural trade indicates, such agreements can change markets.
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