What Oil Price Would Hurt Stocks, Credit?

The video discusses the impact of falling oil prices on stocks and credit, highlighting the paradox where energy stocks, despite low oil prices, have been favored due to high free cash flow yields. It explores historical oil price trends and their correlation with market events, particularly during 2007-2008. The video also examines the sensitivity of emerging markets to oil prices, noting the challenges faced by countries like India, Indonesia, and Turkey when oil prices rise above $80 per barrel.

In what way did the events of 2007 and 2008 relate to oil prices and equity markets?

What factors contributed to the challenges faced by emerging markets when oil prices rise above $80?