Investors have plenty of reasons to be pessimistic and fearful of the corporate credit markets today, but there are bright spots as some energy company fundamentals are downgraded to junk*.
Price falls again by 3.5%
First move to end oil glut
Third consecutive month of increases
Since the start of the year, the market has become exceptionally troubled by the price of oil. Although a falling oil price has historically been seen as a good thing, the severity of the decline has left many wondering about the possible repercussions....
Equities already entered a bear market
Net revenues down 29% over H2 2015
Oil, industrials and banks dividends at risk