The Traderszone Network

Published in TZ Latest News 9 December, 2014 by The TZ Newswire Staff

Profit Recession On Deck Due To Surging Dollar And Plunging Crude, Deutsche Warns

Plunging oil prices may beĀ unambiguously good for those US consumers who have to gas up ever two weeks for their work commute (assuming they are not part of the 101.5 million working age Americans who don’t have a job), but they are unambiguously bad for those US corporations which have a direct top-line exposure to energy, or are located downstream in the energy vertical and are impacted by the profitability (and viability) of energy companies.

read more