Just How Correlated Are Oil and Equities? [View article]
Why did you not include the 1970's data in your work? The price of oil is the single biggest economic factor in the US considering we import 70% of it. The rise in oil of the past decade is the single biggest reason the S&P has averaged an enemic 2.8% annual return during that time.
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Why did you not include the 1970's data in your work?
Aug 14 09:29 am
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All Comments by Michael Fitzsimmons »Just How Correlated Are Oil and Equities? [View article]
The price of oil is the single biggest economic factor in the US considering we import 70% of it. The rise in oil of the past decade is the single biggest reason the S&P has averaged an enemic 2.8% annual return during that time.