
It's a common belief: when oil prices rise, the stock market takes a hit. Higher fuel costs mean more expensive shipping and manufacturing, which could shrink company profits — right?
Not necessarily. On a recent episode of the "Women & Money" podcast, financial expert Suze Orman challenged this idea, telling listeners that oil and stocks don't follow a predictable pattern. "Sometimes people think there’s this inverse relationship between the stock market and oil," she said. "But history doesn’t back that up on any level."