When oil prices are this low? Bankruptcies & Mass Layoffs Are Next.


Shaia Hosseinzadeh, founder and managing partner of OnyxPoint Global Management, joins ‘Fast Money Halftime Report’ to discuss the energy market and the risks to U.S. shale producers.

“We’ve seen the carnage in the equity market, we’ve seen it in the high yield market, but there’s a ticking nuclear bomb in the reserve lending market, and that’s like the subprime of shale,” when oil prices are this low, Hosseinzadeh said.