Oil price fall is not all good

A wild card for investors to consider is whether oil prices (and commodities in general) might spiral down so quickly that the losers from this crunch cause the global economy to weaken before the stimulus from lower prices lifts overall economic activity. So far, we are not embracing the bearish view, but a close monitoring of the weak economic and financial links in resource sectors and countries (and related asset markets) is certainly warranted.

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