Monthly Archives: October 2016

Geldzug: FOUND: THE NEW GLOBAL GROWTH SECTOR – INSOLVENCIES

3rd October 2016 Arminius monitors bond defaults on a global basis, not only because of the disruption which they cause to financial markets and the banking sector, but also because of the lasting damage which they inflict on the real economy. Chart 1 below shows how bond defaults have risen sharply in the last eighteen months. Most of the increase in defaults so far is a direct consequence of the halving of oil prices in 2014. Many US shale oil producers had funded their development expenditures by issuing junk bonds when oil was over USD$100 per barrel and with oil [...]

2016-10-01T02:27:19+00:00 October 1st, 2016|