Wilbur Ross Sees Value in Energy Bonds, Provides His View on the Markets

Guru observes that credit has tightened as a result of collapse in oil prices

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Mar 21, 2016
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Is there value in the energy sector?

Yes says vulture investing guru Wilbur Ross (Trades, Portfolio). He has been buying distressed bonds of a variety of E&P companies.

He notes that credit has tightened across all industries as creditors have been hurt by the oil collapse.

He also weighs in on Federal Reserve policy.