If you’re looking to the energy sector for a positive economic indicator, you might be hard-pressed to find any good news. During an interview with the FOX Business Network’s Maria Bartiromo, ExxonMobil (XOM) CEO Rex Tillerson painted a very bleak picture on the economy and jobs.
“If you look at energy for kind of a proxy for how the economy is going, it’s pretty sluggish and there’s not a lot that we can see on the horizon through next year that’s going to change that,” he said.
Tillerson said the U.S. economy has been “sluggish” since the downturn of 2009. Read more
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