**[Bank of America: Increased Resilience of the Economy to Oil Shocks]** Golden Finance reported on April 11 that a research report from Bank of America dated April 10 highlighted that since the 1970s, the global economy's dependence on oil has gradually decreased: the amount of oil required to produce the same scale of GDP today is only one-third of that in the 1970s. The OPEC crisis and subsequent oil shocks were once regarded as severe stagflation shocks. However, the economy is now more resilient when facing energy shocks of similar magnitude. (Jin10)