Oil’s Brief Surge Above $100 Exposes Inflation Risk for Stocks
Last week, Morgan Stanley said oil would need to remain over $100 a barrel to dislodge the bank’s bullish outlook for US stocks. Evercore ISI said crude priced between $93 and $97 would signal that equities are headed for a drop.
Last week, Morgan Stanley said oil would need to remain over $100 a barrel to dislodge the bank’s bullish outlook for US stocks. Evercore ISI said crude priced between $93 and $97 would signal that equities are headed for a drop.
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