With low oil prices, energy companies at Wall Street are steadily getting erased from the stock market: is this how the big correction begins ?
(original publishing date: 12/15/2014)
We just want to give you one number to think about in this post.
Deutsche Bank AG has recently released a note stating that, since early 2010, energy producers in the US have raised $550 billion of new bonds/loans as the Federal Reserve has kept interest rates close to zero.
Wall Street had a bad week:
And now we wonder: is this how it all begins ?
We may as well have bubbles in the banking industry, or in the housing one, or who knows where.
Is this the price to pay for the QE ?
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