Black gold is better than yellow Raymond James for the strategist: Schedule

(Bloomberg) - Black gold or yellow gold? This dilemma is shined in the review published on Wednesday of Tevis Makkort, the strategist on stocks of institutional clients in Raymond James Financial Inc. in which it compares prices of oil and gold from 1983. The ratio between them fell to 94% for April, 2020 from the peak recorded in July, 2008, the weekly data analysed by agency Bloomberg testify. Since then the indicator won back losses approximately only for 25%. "Oil still very cheap", - Makkort writes. Actions of companies energy sector...