Do Google Searches Point To Short-Termism In Oil Markets?

After reviewing Google search trends, Bernstein analysts Oswald Clint and Mark Tabrett have made the determination that oil markets are rife with short-termism. The analysts look at Google search results to draw conclusions regarding a number of oil market trends. Is using Google search analysis or considering social media such as Twitter a valid method to drive investment analysis? Searches for supply related Oil searches demonstrates short-termism Shortly after oil prices started to fall, fundamental investors began searching for solutions. Google trend analysis reveals queries for oil inventories and rig counts picked up and steadily increased since. While supply concerns…