Rizal Philippines
February 5, 2016
From the Guardian - why low oil prices hurt the stock market?
This post has seen several posts and watched several news at BBC, CNN, Channel News Asia that many stock markets closed lower in 2015, many of the shares being dragged by low oil prices. High prices favor wealth creation and not consumer welfare. Truly, a robust economy does not favor those who have less in life. They are anti thesis. Thus a country with great GDP, would also have poor people because wealth would be concentrated only in the hands of few stockholders, and stock market players?
