Despite oil's recent spike, the oil-to-stocks ratio remains close to an all-time low. As a comparison, the ratio closes 9 higher in 2008, and got multiplied by 29 in 1980. As a comparison, the ratio closed 9 times higher in 2008, and got multiplied by 29 in 1980. At this stage, oil seems to have a far more attractive risk-reward than the S&P500 (used here). #OOTT $SPX $VOO $XLE
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