Jul
15
It’s a Troubled World When Oil Is a Refuge for Equity Investors
ByYou know the world is in trouble when investors look to the oil industry for safety.
Oil stocks, the worst performing shares in the world, are starting to lure investors, with dividend yields the highest since the financial crisis that began in 2008.
Their payouts are more remarkable in this era of record-low interest on cash and zero to negative yields on government bonds. Chaos in Greece and tanking Chinese markets only add to investor losses, with more than $3 trillion wiped off global equities in the past month…
It’s a Troubled World When Oil Is a Refuge for Equity Investors
