Arsuron Papartassee

Just How Correlated Are Oil and Equities?

Doesn't the S&P now consists of many energy firms. I know the Circuit City was cut out of it and replaced by some energy company. If this is the case, it wouldn't be statistically fair. Why don't you pick a broad range of company i.e. Starbucks, Intel, Walmart, etc. and see what happen?