Yes. Thank you monsieurs Bernanke et al. for the cheap gas and short targets. I wish to thank all involved for letting me drive a gas guzzler again. . I heart central banks.
I guess so. And there are people here who will never let me forget it. But of course low rates help everyone who wants to borrow longer term, because the probability that their real rate will drop over time is favorable. I took advantage near the bottom, I hope you did to.
Seems like oil lobby in Washington actually works. Luckily, we still don't have negative interest rates.
I'm just saying there are unintended consequences to everything. I think the shale example was a poor choice because one of the downsides to keep rates low is the reach for yield and this spillover went into the MLP space with a vengeance. Of course they got crushed. Another bubble that popped.
Honestly, who cares about our oil and gas producers, there are only few real beneficiaries here while the whole economy suffers.
That's true, solar companies are benefiting from subsidies more than from low-interest rates. That's why these guys probably really want Bernie as the President.
But this is how it works, in order to change it you need to change the process of candidates financing, which probably won't be easy at all.