Retail sales fell for votir consecutive month in January. Despite the sharp drop in oil has a connection, the data indicate that consumers do not spend money, save of lower fuel prices. Note that retail sales have been decreasing over the past three years, while peak oil was 8 months ago.
Many people believe that low oil prices are positive for the economy. Because in this way, consumers have more free money. Decrease in prices of goods can be determined as a signal for lowering demand and slower growth in the global economy
Consumer spending represent 2/3 of the economy. So that consumers make more money, it is good for the stock market. The opposite is also true.