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The Oil Short Squeeze Explained: Why Banks Are Aggressively Propping Up Energy Stocks

The Oil Short Squeeze Explained: Why Banks Are Aggressively Propping Up Energy Stocks Last week, during the peak of the commodity short squeeze, we pointed out how this default cycle is shaping up to be vastly different from previous one: recovery rates for both secured and unsecured debts are at record low levels. More importantly, we noted […]

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What Just Happened With OIL?

What Just Happened With OIL? Yesterday, we reported exclusively how the Dallas Fed is pulling strings behind the scenes to conceal the fallout from the oil market crash. As Dark-Bid.com’s Daniel Drew notes, by suspending mark-to-market on energy loans and distorting the accounting, they are postponing the inevitable as long as possible. The current situation is eerily reminiscent to the […]

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2 days of gains push oil up 17%, TSX up 3.6%

2 days of gains push oil up 17%, TSX up 3.6% Global stocks calmer after a week of volatility set off by doubts about China’s growth After a week with wild swings in the values of stocks and commodities, oil futures ended up gaining 17 per cent in two days and the TSX was up […]

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This Week In Energy: Why Anything Can Happen in 2015

This Week In Energy: Why Anything Can Happen in 2015. The New Year is upon us but oil prices are carrying on the trend from the second half of 2014 and continuing to drop, with the thirteenth negative week from the last 14 and lows not seen since 2009. With early morning volatility seeing rises of 3.5% […]

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Today’s Market Contagion: Energy High-Yield Credit Spreads Blow Above 1000bps For First Time Ever | Zero Hedge

Today’s Market Contagion: Energy High-Yield Credit Spreads Blow Above 1000bps For First Time Ever | Zero Hedge. For the first time on record, HY Energy OAS has broken above 1000bps – signifying dramatic systemic business risk in that sector (despite a modest rebound today in crude prices). The energy sector is entirely frozen out of the […]

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Jobs, Shale, Debt and Minsky – The Automatic Earth

Jobs, Shale, Debt and Minsky – The Automatic Earth. OK, I don’t see a whole lot of comprehension out there, so let’s try and link the obvious: employment to shale to plummeting oil prices to the debt the shale industry was built on (and which is vanishing). I know, people look at the US jobs […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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