Low Oil Prices Isn’t All Around Good News

Oil-drumsWhile drivers may be celebrating lower oil prices with less than $2.00/gallon gas prices, it isn’t all good news. Today’s article explains how low oil prices are affect stocks in the worst kind of way. Here’s what they had to say, “Stocks around the globe have advanced this month, propelled by expectations that the Fed will keep rates lower for longer. The prospect of further stimulus from central banks in Europe and Asia has strengthened the rally in recent sessions. The Dow Jones Industrial Average has rallied 8% in October, while the Stoxx Europe 600 has gained 6.9%.” To read more, CLICK HERE.