And so are the companies and countries that are associated with them.
Most of the companies that have relied on debt to run and expand are finding their equity getting almost wiped out.
Seems like a replay of the Clinton Era...when you look at oil its waiting for the last straw- may be this Friday will pave the way for it too?
If Oil breaks below $30 and the interest rate edge higher at the next FOMC meeting- if Gold holds where it is hanging around....it will be a great candidate to Short!
If the so called FANG continue their movement at current pace.....and Clinton's popularity scale new highs be summer- we could see a couple of more players joining the Exclusive clubs like Priceline in the $1000 mark ....and may scale new wealth creation bubble. And Trillion Dollars at marcap may not be a eye popping headliner!
And Gold should touch $500!