Death comes to us all. Life's but a walking shadow | Please note I got my labels wrong on the chart the green line is the WTI, the others are the indexes, sorry. If you look at WTI vs S&P 500 or Dow index for the 2008-2009 period the indexes had already started to decline before the spike in oil prices crashed. Our current situation is very different. That said since oil stocks make up a significant part of the market it is a given that as oil profits decline some stocks and indexes will necessarily decline as well.
It is just possible that other sectors of the economy improve as oil declines so the overall economy may do just fine or even better.
Edited by 1234 12/12/2014 21:32
 (oilvsindex-page-001.jpg)
Attachments
----------------
 oilvsindex-page-001.jpg (68KB - 752 downloads)
|
The last time oil crashed
