Since the crash of 2008, markets have reset and reorganized, leading to historic highs for equities. We have also seen the return of the philosophy of “risk as yield” instead of “risk as risk.” Nowhere is this more evident than the surging taste for junk bonds in the last seven years. Businesses teetering on the brink of bankruptcy have found …
Junk bonds and fracking are causing cheap gasoline
Think that Peak Oil is a myth and that cheap gasoline disproves it? Think again.