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Mr. Bookstaber is the author of “A Demon of Our Own Design,” which in 2007 warned of the potential for a financial crisis. At the start of the 2008 financial crisis, I was at a hedge fund. By its end, ...

BACK in the summer of 2008 – or just before the great financial crisis – two unsettling financial trends collided: oil prices surged to almost US$150 a barrel, and private funds holding sub-prime ...

Bank of America strategist Michael Hartnett is sounding the alarm that today’s market conditions bear an unsettling resemblance to the period leading up to the global financial crisis. The Iran war, ...

(Bloomberg) --The spike in oil prices and growing concerns around private credit are causing market activity to resemble the lead-up to the global financial crisis, according to Bank of America’s ...

When crude oil hit a record $147 per barrel in 2008 and the reason was not war Crude oil briefly touched $120 amid Gulf tensions, reviving memories of the historic 2008 oil shock when prices hit $147.