Not always, but you will have to consider modern finance this time?
Modern finance
- Hedging protection
- Debt and derivatives blow ups associated with Oil companies.
- Percentage of economic growth lost verses benefit of cheaper oil.
- Debt and derivatives blow ups associated with Oil companies.
- Percentage of economic growth lost verses benefit of cheaper oil.
As always timing is the factor, how much pain will be felt before we get the gain? The next 12 months will be rocky as the bad oil news flows through the market.
Chart: Crude oil on top, Dow Jones on the bottom.
Source readtheticker.com