Cheaper oil means more money for other things, i.e. stocks must go up, right?

Wrong.

The Gulf nations are selling 25% of their oil to U.S. and then they invest 50% of account surplus back into U.S. economy. That means, for every $1 we pay for oil we get $2 back in investments, mostly going to Treasuries and stocks. So, when oil drops the amount of money Saudi Sheiks are investing into our stock market drops even more. Figure out.

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