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Re: fishguts85 post# 13771

Thursday, 04/07/2016 10:47:00 PM

Thursday, April 07, 2016 10:47:00 PM

Post# of 36208
Here is a clip from the oil and energy sector among others things are really ugly in the market right now pretty scary..,

"This is the highest year-to-date level we've seen since 2009 during the

financial crisis when there were 67 defaults," said Diane Vazza, head of

Standard & Poor's Global Fixed Income Research. "Of the 40 defaulting issuers

so far in 2016, 14 are from the oil and gas sector and eight are from the

metals, mining, and steel sector; together, they account for more than half of

all global defaulters."

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