OIL price and stock market# Stock
c*r
1 楼
Currently it is widely believed that OIL price is negatively correlated with
the stock market performance. In fact, small fluctuation in the OIL price
caused huge volatility in the stock market.
But I believe now OIL might have become the handkerchief of the magician in
the market (those big players) to create panic or elation. I believe the
negative correlation of OIL price with stock market might not be a long term
thing. In fact, their relation is not so direct.
Low oil price -> good for e
the stock market performance. In fact, small fluctuation in the OIL price
caused huge volatility in the stock market.
But I believe now OIL might have become the handkerchief of the magician in
the market (those big players) to create panic or elation. I believe the
negative correlation of OIL price with stock market might not be a long term
thing. In fact, their relation is not so direct.
Low oil price -> good for e