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Oil Prices Are Tightly Correlated to Stocks - But for a Different Reason Than Before
Oil prices and the stock market are in lockstep right now.
The correlation between Brent crude oil prices and the S&P 500 is at its highest level since 1990.
And there's one reason why the two have been moving in tandem with one another lately...
Oil prices and the stock market are in lockstep right now.
The correlation between Brent crude oil prices and the S&P 500 is at its highest level since 1990.
And there's one reason why the two have been moving in tandem with one another lately...