Re:Wherever oil goes, the stock market goes
by amalag on Monday February 15, 2016 @11:31AM
(#11104204)
There was a nice article on seeking alpha which speculated that sovereign funds of countries like Norway and middle eastern countries used the opportunity of high equity prices and low oil prices to sell. This large selling pressure has give some drop in prices. That makes sense to me. There has to be selling pressure to lower prices and I think that is a good cause.
[ Parent
| on HN ]
There are no comments on this comment yet.