{"id":18420,"date":"2016-03-02T20:52:48","date_gmt":"2016-03-03T01:52:48","guid":{"rendered":"http:\/\/olduvai.ca\/?p=18420"},"modified":"2016-03-02T20:53:03","modified_gmt":"2016-03-03T01:53:03","slug":"moodys-warns-of-30-rise-in-commodity-based-company-bankruptcies-in-2016","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=18420","title":{"rendered":"Moody\u2019s Warns of 30% Rise in Commodity Based Company Bankruptcies in 2016"},"content":{"rendered":"<div class=\"pageTitle blogTitle\">\n<h3><a href=\"https:\/\/www.armstrongeconomics.com\/international-news\/north_america\/americas-current-economy\/moodys-warns-of-30-rise-in-commodity-based-company-bankruptcies-in-2016\/\" target=\"_blank\">Moody\u2019s Warns of 30% Rise in Commodity Based Company Bankruptcies in 2016\u00a0<\/a><\/h3>\n<\/div>\n<div class=\"mainContent\">\n<div class=\"contentWrap\">\n<div class=\"theContent\">\n<p><a class=\"fancybox image\" href=\"https:\/\/armstrongmedia.s3.amazonaws.com\/wp-content\/uploads\/2016\/03\/gold-prospector.jpg\" target=\"_blank\" rel=\"attachment wp-att-45267\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-45267\" src=\"https:\/\/armstrongmedia.s3.amazonaws.com\/wp-content\/uploads\/2016\/03\/gold-prospector.jpg\" sizes=\"auto, (max-width: 292px) 100vw, 292px\" srcset=\"https:\/\/armstrongmedia.s3.amazonaws.com\/wp-content\/uploads\/2016\/03\/gold-prospector.jpg 292x, https:\/\/www.armstrongeconomics.com\/wp-content\/uploads\/2016\/03\/gold-prospector-175x180.jpg 175x\" alt=\"gold-prospector\" width=\"292\" height=\"300\" \/><\/a><\/p>\n<p>The commodity industry is bracing for a high year of bankruptcy and default filings that will impact mining and metals along with oil and gas. Moody\u2019s has also warned of global speculative-grade corporate defaults that will increase by more than 30% in 2016, reaching the highest level since 2009. Those interested in mining shares should pay close attention to what they are buying. Until gold crosses that key resistance, we still have only a typical three-month reaction. A rally must extend beyond March to be impressive.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Moody\u2019s Warns of 30% Rise in Commodity Based Company Bankruptcies in 2016\u00a0 The commodity industry is bracing for a high year of bankruptcy and default filings that will impact mining and metals along with oil and gas. Moody\u2019s has also warned of global speculative-grade corporate defaults that will increase by more than 30% in 2016, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[5496,1361,151,10910,5479,12725],"class_list":["post-18420","post","type-post","status-publish","format-standard","hentry","category-economics","tag-armstrong-economics","tag-bankruptcy","tag-commodities","tag-corporate-default","tag-martin-armstrong","tag-moodys-ratings"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18420"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18420\/revisions"}],"predecessor-version":[{"id":18422,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18420\/revisions\/18422"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}