5.8 C
New York
Monday, November 25, 2024

“Higher Oil is Bad for the Market”

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

Interesting chart saying not so much even as it pressures consumers and input costs.  Of course there are many energy companies in the indexes as well which helps offset that at a market level even if it’s a potential negative for the economy.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,462FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x