Oil Shock: Will Market Jitters Give You a Wealth Opening?
Apr 24, 2020 ·
29m 6s
April 24, 2020 We publish new episodes most Fridays. Join here to receive updates and send in your questions: https://www.wealthmorning.com/subscribe COVID-19 has hit the oil industry hard. A year ago,...
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April 24, 2020
We publish new episodes most Fridays. Join here to receive updates and send in your questions:
https://www.wealthmorning.com/subscribe
COVID-19 has hit the oil industry hard.
A year ago, the global demand for oil was 100 million barrels a day. Now it’s down to around 70 million barrels per day.
That’s an enormous drop — almost 30% — which has pushed the price of oil into negative territory.
How will this affect the stock market? Is this disruption a bad thing? Or will it actually reveal untapped opportunities?
We want to give you a timely and urgent perspective — showing you how you could position yourself to be smart and defensive in your investing journey.
[Disclaimer: All questions submitted will be answered generally with priority given to registered Lifetime Wealth Investor members. No personalised financial advice will be provided.]
show less
We publish new episodes most Fridays. Join here to receive updates and send in your questions:
https://www.wealthmorning.com/subscribe
COVID-19 has hit the oil industry hard.
A year ago, the global demand for oil was 100 million barrels a day. Now it’s down to around 70 million barrels per day.
That’s an enormous drop — almost 30% — which has pushed the price of oil into negative territory.
How will this affect the stock market? Is this disruption a bad thing? Or will it actually reveal untapped opportunities?
We want to give you a timely and urgent perspective — showing you how you could position yourself to be smart and defensive in your investing journey.
[Disclaimer: All questions submitted will be answered generally with priority given to registered Lifetime Wealth Investor members. No personalised financial advice will be provided.]
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| Author | Simon Angelo |
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