NOT FOR REPRINT
Threat of $100 Oil Means Buying the Dip in Stocks Is Risky
News March 02, 2026 at 01:58 PM
Share & Print
What You Need To Know
- Since 1983, the S&P 500 has fallen an average 1.6% in the year following periods when oil topped this price level.
- But the chief economist at RSM U.S. says oil would need to reach the $120-$130 range before it caused a pullback in consumer spending.
- For the near future, traders in the global equity markets will focus on a 100-mile-long chokepoint that connects the Persian Gulf with the Gulf of Oman.
Immediate Answers to Critical Tax Questions At Your Fingertips
Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.
Get More InformationRecently Added Q&As
Recently Updated Q&As
What is the temporary “senior deduction” deduction for taxpayers age 65 and over?
Get Answer
Recently Updated Q&As
What is the temporary deduction for auto loan interest?
Get Answer
Recently Updated Q&As
What is the temporary deduction for overtime income?
Get Answer
Recently Updated Q&As
What is the temporary deduction for tip income?
Get Answer
Recently Updated Q&As
What is a high deductible health plan for purposes of an HSA?
Get Answer
Recently Updated Q&As
Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)?
Get Answer
Recently Updated Q&As
Who must file a return?
Get Answer
Recently Updated Q&As
Can a taxpayer deduct business-related transportation expenses incurred when the taxpayer is not travelling away from home on business?
Get Answer