Kevin Gordon of Schwab: Sharp Negative Correlation Between Oil and Stock Market

Kevin Gordon, Chief Investment Strategist for Macro Research at the Charles Schwab Center for Financial Research, said there is a sharp negative correlation between oil and the stock market. His remarks covered earnings at Meta and IBM, bonds, and energy costs.

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• Gordon described the correlation between oil and the stock market as negative and sharp.

  «There is a ‘sharply negative correlation between oil prices and the stock market’»

  CNBC • TradingView
• The discussion covered earnings at Meta and IBM, along with bonds and energy costs.

  «Meta earnings, IBM earnings, bonds, energy costs, and more.»

  CNBC
• Gordon appeared on CNBC's Power Lunch program.

  «joins 'Power Lunch' to discuss Meta earnings, IBM earnings, bonds»

  CNBC

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