Low energy prices are important to the success of U.S. businesses, so it's no surprise that most financial pros believe the drop in crude oil prices has helped the U.S. economy.
On the other hand, if oil prices get as low as $30 a barrel, many of the same professionals worry a global recession could follow.
That, in turn, will likely hurt the portfolios of individual investors as well as the investments of retirement funds, many of which include energy stocks or funds.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
