Oil at $100 Could Trigger 10% US Stock Selloff, Guggenheim Warns

This article first appeared on GuruFocus. Guggenheim Partners Investment Management is flagging a scenario that could test one of the market's most reliable supports. In comments from chief investment officer Anne Walsh, the firm outlined a stress case where crude prices hold near $100 a barrel for several months, a setup that could push US equities into a drawdown of as much as 10%.