Often falling oil prices foreshadow an economic downturn and a slump in stock price. However, the current fall in oil prices is largely driven by greater efficiency and thus increase in US shale oil production and is largely good for US stocks.
Often falling oil prices foreshadow an economic downturn and a slump in stock price. However, the current fall in oil prices is largely driven by greater efficiency and thus increase in US shale oil production and is largely good for US stocks.
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