He Who Has the Gold, Makes the Rules
Sunday, 30 November 2014Excellent article... Here's a taster:
"When the price of oil falls dramatically, that is a sign that economic activity is slowing down. It can also have a tremendously destabilizing affect on financial markets. As you will read about below, energy companies now account for approximately 20 percent of the junk bond market. And a junk bond implosion is usually a signal that a major stock market crash is on the way.
"So if you are looking for a “canary in the coal mine”, keep your eye on the performance of energy junk bonds."
"So if you are looking for a “canary in the coal mine”, keep your eye on the performance of energy junk bonds."
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