Wall Street: The Energy Nightmare Will Hit In The Next Months

Oil-rig-pump

The day will come when energy companies will report their earnings of Q1, and you can be sure that it will not be a good day for the financial markets

http://www.jsg.utexas.edu/lacp/files/Oil-rig-pump.jpg

As Zerohedge scarily reports, things have gone down in projected energy sector earnings in Q1:

Minus 53.8%, can you even imagine the nightmare we are about to see at Wall Street ?

You may want to read the Facteset report on the issue (spoiler: it’s scary).

 

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