How the Oil Price War Multiplied Stress on Stocks

A price war between Russia and Saudi Arabia roiled oil markets this week which added to the fear and volatility already on Wall Street due to the coronavirus outbreak. This resulted in a rush into U.S. Treasury bonds, which in turn puts even more pressure on bank profit margins by squeezing margins on loans and adds additional stress on the stock market overall.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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