This Is What a World Without Oil Looks Like
In light of oil price volatility, Morgan Stanley analysts reveal the impact of the energy sector on industrial production, corporate earnings and inflation. Read on to find out more about the relationship between energy and the world market...
Energy and economic growth are closely linked. Most, if not all, economic activities need to be powered and fuelled in one way or another. Therefore, it is no surprise that the current oil price volatility has occupied the headlines as the industry examines its wider economic implications.
However, analysts from Morgan Stanley, led by Chief Cross-Asset Strategist Andrew Sheets, have noted that the correlation between the fortunes of the energy sector and the performance of stocks and bonds is “overstated”.
In a Bloomberg article, the analysts reveal the impact of the energy sector on industrial production, corporate earnings and inflation around the world. Read more here.
By Bloomberg