A Down Market May Not Always Be Bad

Since I am retired, I am doing more with less and reinventing my life to deal with these economic changes.

A Down Market May Not Always Be Bad

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oil below 60$ is terrible news , much worst than the shenanigans of some overpaid wall streets "managers"

it means that oil exploration is going to pretty much stop , old platforms be decomissionned instead of been kept in use ,

few new oil fields will be put on stream , setting up the world for a creeping oil shortage wich will scutter any chance of sustained upswig .

as soon as thing pick up the price will bounce and castrate any recovery

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I'm confused. It states in the article that "oil prices, according to some, have an inverse relationship with the stock market" which we saw proof of earlier in the summer when oil was high. We especially saw the opposite relationship with the dollar and oil... Dollar goes down, oil goes up.

Explain to me, then, how when this bear market is over, oil's low price will also be over? If there is an inverse relationship, how can both oil price and the stock market increase at the same time?

It's pretty clear that $145 oil was driven by speculation, not real "demand". Now the bull speculators are scared out, and if we have any sense, we'll keep them out.

Oil may bounce up and down 10 or 20 bucks.

"Bounce" by 50 or 100 again for no reason? Not unless we're weak and silly.