Source: 9gag
The stock market is obsessed with oil prices, with news outlet making end-of-the-world kind headlines every time oil prices start crashing down.
But does falling oil prices really have a positive or negative impact on the stock market?
We dug into the data to find out.

Crude Oil price chart from 1990 to 2020Source: Macrotrends
S&P500 price chart from 1990 to 2020Source: Yahoo Finance
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Conclusion
After looking through the oil crashes from 1990 to 2020 and comparing them against the S&P500 performance, the conclusion we have is: CRUDE OIL PRICE HAS NO CORRELATION TO STOCK MARKET PERFORMANCE!
Crude oil prices and the S&P500 has a correlation value of -0.02, which means neither has an impact on the other.
Furthermore, not all crash in crude oil prices occurred are accompanied by a recession in the US economy.

Dear Reader!
As we progress towards the next phase of our journey, we would like to find out what would...