Monday , 27 May 2024

Tag Archives: oil price vs stock prices

True or False: Rising Oil Prices Are Bearish For Stocks (+2K Views)

A sensible story of causation regarding oil prices and stock prices made by countless economists is that "rising oil prices increase the cost of energy and therefore reduce corporate profits and consumers' spending power, thus putting drags on stock prices and the economy." Stunningly, as far as I can determine, however, no evidence supports that claim, as the discussion below will show.

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