/biz/ - Business & Finance

Anonymous Mon Apr 20 03:41:01 2020 No.18565125 [View]
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>>18564955
oil price relationship to equities is complicated. The worst case scenario in terms of potential long term recession is a very high bubbly oil price. Low oil price not so bad, although the initial falling out between OPEC and Russia likely did have a bearish impact on equities for that first couple weeks. But now low oil can be helpful for a lot of industries to get back on their feet with lower overhead costs for their oil needs.

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/biz/ - Business & Finance

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