Extraction Of QE Difficult Pill For Market To Swallow As High Yield And Energy Debt Opportunity At Hand

QE - There has been “severe pain” in the markets. Commodity-related names in severe difficulty, sudden sell-offs on corporate news, credit funds closing and volatile price action in the banking sector. For Ashish Shah, chief investment officer of Global Credit and head of fixed income for AllianceBernstein, there is a common thread: the withdrawal of quantitative easing is causation for market pain. But perhaps now is the time to invest in the beaten down energy patch and even dip toes in the high yield market, he said in a Goldman Sachs interview piece.

Stimulus driven markets leave markets vulnerable, QE difficult to extract

In this stimulus driven market, yield oriented...