In the News
The price of oil has been a hot topic of virtually every market and economic conversation these days. The price of oil has clearly had an impact on the markets and economy. Even with this past Friday's large one-day gain of 12%, crude oil prices are still down 80% from the 2014 high. In addition, stock and oil prices have been moving in the same proportion in the same direction often on a daily basis. Although stocks and oil have recently been trending together, stock prices do not typically experience near the extreme fluctuation as oil prices do. In general, oil has had roughly four times the volatility as stock prices. Volatility is the degree of variation of a trading price series over time as measured by the standard deviation of returns.
Recent research revealed extreme moves in oil is not as uncommon as it may seem. Every single decade going back to the 1980s has experienced a huge crash in the price of oil at one point during the decade. Below are the largest for each decade:
- 1980s: -67%
- 1990s: -72% ...
Wealth management firm opens in Greater Oklahoma City
Castleview Wealth Advisors provides investment and wealth management advice to individuals and families
EDMOND, Okla. – Castleview Wealth Advisors, an independent Registered Investment Advisory (RIA) firm that provides investment and wealth management advice, recently opened its doors to primarily serve individuals and families in Central Oklahoma, Eastern Oklahoma and North Texas.
Located in Edmond, Oklahoma, Castleview Wealth Advisors offers a wide range of financial services, including wealth management, investment consulting, advanced planning, relationship management and retirement plan consulting.
Founder and President Kendall King has 14 years of experience advising clients on a wide range of investment, estate, tax and other wealth management topics. King provides strategic direction and vision for the company and serves as a lead advisor to a diverse group of clients with special focus on advising oil and gas professionals.
The following article was posted in the Norman Transcript: http://www.normantranscript.com/news/business/wealth-management-firm-open-to-serving-central-eastern-okla/article_ac11bc42-6745-56c6-ba12-6b24f12e565c.htmlmore