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YGRN - Oil Is Still The Stock Market's Biggest Obstacle
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
After the impressive short-covering rally of the last two weeks, stocks have hit the proverbial wall as low oil prices continue to cast a deflationary shadow over the global economy. In this report, I'll explain why it's important for the energy sector to bottom out before the equity market is ready to commence a new bull market.
After finishing the worst quarter ever, equities have entered April on a weak note with the S&P 500 Index (SPX) dropping nearly 6% in the first two days of the new quarter. Many analysts and investors anticipate further