By Managing Director and Portfolio Manager Rob Thummel
Happy Holidays! It’s time to breakout the classic holiday movies. In the can’t miss movie during the holiday season, after Uncle Lewis burns the Christmas tree and receiving a jelly-of-the month club for an annual bonus, Clark Griswold declares to Ellen “We’re on the threshold of hell.” In some ways, this declaration is being made by oil traders after a month when oil prices fell by 24% representing the worst monthly performance since October 2008. Fortunately for energy sector investors, stock prices did not fall as much