My economy loves cheap oil.
I’m guessing you don’t supply valves, pipe, motors, MCCs, switchgear, Class 1 Div 1&2 instrumentation, heavy equipment, etc...
By reducing the price at the pump more money flows into the economy feeding local and national businesses. Seems like a pretty simple way of growing the economy.
Goldman's doesn't.
Yes, radical price changes do trigger dislocation costs. The unlucky do suffer disproportionately and are more visible. But considered from a macro POV, cheaper resources are a net gain.
I am sure the oil price drop has cratered some lucrative deals, and some Goldman bankers will be renting in the Hamptons instead of buying.