I’d say, ‘not much’. Of course, that depends on who you are rooting for: the oil producing countries (many of whom are not our best friends), or the small segment of the S&P 500 (only about 6.8% of the year-end, index market capitalization) engaged in energy production and exploration, or the 93.2% of the S&P…
Tag: opec
Session 136–Collapsing Crude Prices=Systemic Risk?
Though I am not certain that this will be the case (in fact I believe it won’t be), I’m willing to bet that this is the spin (systemic risk) that the media will begin to attach to rapidly falling oil prices. Why? Because there is potential to come to very negative conclusions about the impact…