$100 Oil Won't Sink The U.S. Economy

$100+ oil and rising geopolitical tensions plus a noted 'Trump risk premium' create short-term volatility risk for the S&P 500. However, the author argues the US is unlikely to fall into recession owing to declining energy intensity, resilient consumer balance sheets, and net energy exporter status—supporting a long-term bullish stance.

Analysis

$100+ oil and rising geopolitical tensions plus a noted 'Trump risk premium' create short-term volatility risk for the S&P 500. However, the author argues the US is unlikely to fall into recession owing to declining energy intensity, resilient consumer balance sheets, and net energy exporter status—supporting a long-term bullish stance.