NRGZ - Oil At The Center Of Confidence Crisis

The oil market has once again come to the forefront as a major worry for investors. As was the case in last year’s stock market plunge, oil prices are under pressure as the trade war threatens to further reduce global demand. In this report, we’ll look at the evidence which shows that a weakening energy sector is one of the biggest problems for the global economy. Not only is the weak energy outlook reflecting economic weakness in the emerging markets, it’s also creating a confidence crisis for investors and threatening increased volatility for global equities.

Read more ...