The Black Cloud Still Looms Large

The oil market continues to search for any signs of life. Since June 2014, oil prices have fallen by nearly 60%. And while both West Texas Intermediate and Brent crude prices are still trading above the lows from earlier in January, the trend remains definitively down. This bodes ill for capital markets in general and the high yield bond market in particular.

Please click on the link to read more of my article on Seeking Alpha.

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