The Traderszone Network

Published in TZ Latest News 30 November, 2014 by The TZ Newswire Staff

The Imploding Energy Sector Is Responsible For A Third Of S&P 500 Capex

We have previously discussed the implications that tumbling crude oil prices will have not only on some of the most levered companies with exposure to Brent prices, namely the vast majority of the US energy space with outstanding junk bonds which, as we explained before, should WTI drop to $60, it would “Trigger A Broader HY Market Default Cycle” (based on a Deutsche Bank analysis) leading to pain across the entire credit market (and in the process impairing the

read more