US Energy Sector - How Junk Bonds Could Trigger A Market Collapse

In today's whiteboard video I clearly explain the current state of the global oil market that has led to a stand off between the USA, Russia & Saudi Arabia. Oil is one of the commodities most impacted by the global economic slowdown. Many oil companies from explorers to producers are carrying high debt loads & the bonds they have issued could be downgraded to junk status in the coming weeks, collapsing the corporate bond market. This could start a cascade affect leading to a wider stock market crash & worsen the global economic recession.

Date of Recording: 9th April 2020

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❗ DISCLAIMER ❗ Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.

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