Can the Markets Weather the Oil Price Storm?

With a risk premium pushing up the price of crude oil due largely to political instability in the Middle East, supply-shock oil pressures stand as one of the major risks to the outlook for financial markets.  However, the strength of the U.S. and global economic expansions make them better able to withstand the oil-price increases experienced so far, implying that absent additional supply shocks, oil prices by themselves should not disrupt the positive trajectory of the world economy and financial markets.  Click here to read this informative article from Fidelity.   

Steven Karsh