History Says Stocks Can Perform Well After Big Oil Shocks

“Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.” Thus, it may be helpful to know how stocks have performed after big one-day spikes in the price of oil. Charlie Bilello’s Twitter feed (@CharlieBilello) contains dates of the largest one-day spikes in the price of oil (1983-2019).