QUICK BITS, no. 9

Joseph L. Shaefer posts (1 November, 2016) on investing.com

HERE http://www.investing.com/analysis/the-1-sector-you-must-own-in-2017-200161845

“The One Sector You Must Own In 2017”

“Right now, there is still a smidge too much supply, with more continuing to come on-stream, and too little demand, globally or in the US. But as long as cartels and governments are ineffective or distracted, Adam Smith’s Invisible Hand is at play in the gas and oil sector just as it is everywhere else.”

COMMENT

“Adam Smith’s Invisible Hand is at play in the gas and oil sector just as it is everywhere else”, but doing what exactly?