Fisher Investments’ founder, Executive Chairman and Co-Chief Investment Officer Ken Fisher shares his thoughts on how oil prices affect the stock market and the economy. According to Ken, high oil prices can weigh on individual spending patterns and on some pockets of the overall economy, but their influence may not be as broad as some believe. Ken acknowledges that investors tend to inflate the significance of oil as a portion of the global economy due to its prevalence of everyday energy use. However, while rising oil prices can reduce the appetite for discretionary consumer spending, they help encourage new investment in traditional and new forms of energy, buoying the economy some. He also notes that developed economies have steadily become more energy efficient. For more of Ken Fisher and Fisher Investments’ thoughts on the markets, visit us at https://www.fisherinvestments.com/en-us. Connect with us on: • Facebook - / fisherinvestments • Twitter - / fisherinvest • LinkedIn - / fisher-investments You can also follow Ken Fisher here: • Facebook - / kenfisher.fisherinvestments • Twitter - / kennethlfisher • LinkedIn - / ken-fisher • Instagram - / kenfisher_fisherinvestments Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.