easy56 schreef op 27 november 2014 16:21:
[...]Winst SHELL fors dalen ook.
Als morgen de US open gaat dan nog veel grotere daling OLIEFONDSEN.
This is not good news for the US credit market...
According to a Deutsche Bank analysis looking at what the "tipping point" for highly levered companies is in "oil price terms", things start to get really ugly should crude drop another $15 or so per barrell. Its conclusion: "we would expect to see 1/3rd of US energy Bs/CCCs to restructure, which would imply a 15% default rate for overall US HY energy, and a 2.5% contribution to the broad US HY default rate.... A shock of that magnitude could be sufficient to trigger a broader HY market default cycle, if materialized. "