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Charleston Energy Analyst Says Oil Will Rebound

Mike Switzer
Mike Switzer

  Everybody is aware that oil prices have been declining sharply over the past year and are happy about it because of the resulting collapse in the price of gasoline.  But how does this affect your investment decisions?  Our next guest says that investors are on the edges of their seats waiting for crude oil to plunge further and the world to fall into a deflationary depression.

Mike Switzer interviews Tyson Halsey, a chartered financial analyst with Income Growth Advisors in Charleston, SC.

    

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.