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Why a Steady Rise in Oil Prices Is Bullish For Stocks | |
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February 24, 2012 While rising crude oil prices typically put a dampener on consumer spending and increase raw material costs for companies, both of which are negative for economic growth, one investment strategist argues that a steady climb in the price of the commodity could ultimately be “reflationary” and support riskier assets including equities in the U.S. Source: http://www.cnbc.com/id/46508529?__source=RSS*tag*&par=RSS |
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