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RE: The Oil Service Companies Continue To Decline

in #scripsio4 years ago

This could lead to bigger problems as the credit of much of the energy sector is within the financial sector which would see bad debt increase quickly. If trouble leads to unemployment then the problem become even more contagious for the economy.

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Agree, signs of deterioration will be seen in the iShares iBoxx $ High Yid Corp Bond
NYSEARCA: HYG first.

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