The price of oil is now trading at a minimum of 12 years, will continue to decline in the first quarter of 2016. US stocks are likely to go after - suggested Scott Minerd of Partners Guggenheim - Materials AMarkets.
According to experts, the first quarter of 2016 will be tough, but a good opportunity to buy assets at low prices.The first trading days of 2016 were negative for the US stock market. The main trigger unrest - China. The same factor has sent oil prices down. Interestingly, the market has members who believe in the growth of oil prices in the near future.
For example, Pacific Investment Management Co. ($ 1.5 trillion under management), predicts that oil prices will return to levels of around $ 50 per barrel by the end of this year. At the same time Scott Minerd expects prosyadut shares at 15% and junk bonds will fall by 5% amid unrest in the commodity / energy sectors. Under the maximum pressure will be shares of the energy segment and commodity currency countries.