/biz/ - Business & Finance

>>21520126
If you wanna be real spooked watch "How Easy Money Enabled The Shale Evolution" with Danielle DiMartino Booth and Tracy Shuchart (@chigrl). It's from Dec 2019 before anyone corona was even a thing

>>19973883

>>19725481
>>19725492
I have posted this before and will post again, if this looks familiar to anyone that's why

For anyone who subscribes to RV check out an excellent interview from late last year with Danielle DiMartino Booth and Tracy Shuchart (@chigrl)

"How Easy Money Enabled The Shale Evolution"

Even if you think inflation is coming down the road, in the short-term we are seeing deflation, even according to Shadowstats (http://www.shadowstats.com/alternate_data/inflation-charts).). Headline CPI is technically in deflation territory (negative) and real rates are currently rising. This is going to fuck over corporations over the course of the next few quarters when rolling over debt, let alone trying to issue any new debt.

Look at the amount of debt that the shale companies will need to service and rollover soon. They are fucked. They were fucked last year before Corona even existed and oil was up above $70. They were fucked from the very beginning.

>>19707194
>>19707266
For anyone who subscribes to RV check out an excellent interview from late last year with Danielle DiMartino Booth and Tracy Shuchart (@chigrl)

"How Easy Money Enabled The Shale Evolution"

Even if you think inflation is coming down the road, in the short-term we are seeing deflation, even according to Shadowstats (http://www.shadowstats.com/alternate_data/inflation-charts).). Headline CPI is technically in deflation territory (negative) and real rates are currently rising. This is going to fuck over corporations over the course of the next few quarters when rolling over debt, let alone trying to issue any new debt.

Look at the amount of debt that the shale companies will need to service and rollover soon. They are fucked. They were fucked last year before Corona even existed and oil was up above $70. They were fucked from the very beginning.

>>19674121
For anyone who subscribes to RV check out an excellent interview from late last year with Danielle DiMartino Booth and Tracy Shuchart (@chigrl)

"How Easy Money Enabled The Shale Evolution"

>>18724613
Yep. It's already well under $30 all the way out into fucking 2021 lol. And most US companies were barely solvent even when oil was up above $60-70. It's a total shitshow.

If you're on RV I highly recommend checking out "How Easy Money Enabled The Shale Evolution" from Dec 2019. Excellent interview with Danielle DiMartino Booth and Tracy Shuchart (@chigrl).