50 years of oil-price shocks have taught us that only 2 things matter to markets right now [Yahoo! Finance]
SOCIETE GENL FRNCE S/ADR (SCGLY)
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Source: Yahoo! Finance
Virtually every major asset class has been stung by volatility over the past week as the combined U.S. and Israeli assault on Iran caused one of the most rapid spikes in crude-oil prices on record. Across Wall Street, strategists have been breathlessly gaming out various scenarios for markets and the global economy. By now, plenty of ink has been spilled about how the ramifications of geopolitical shocks tend to be short-lived — at least as far as financial markets are concerned. Most Read from MarketWatch ‘I didn't ask a man to rear-end my car': Social Security is replacing my disability benefits. Will the fund run out of money? Can my wife switch to my Social Security benefits if she was born after 1954? I receive a lot more than she does. 50 years of oil-price shocks have taught us that only 2 things matter to markets right now But according to Manish Kabra, head of U.S. equity strategy at Societe Generale, looking specifically at oil-price shocks CL.1 BRN00 over the p
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