By Andy Mukherjee
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
As oil prices continue to slide to even lower lows, market strategists are beginning to wonder when the fallout will begin to make itself known in earnest in oil-producing nations.
U.S. markets stumbled a little out of the gate in 2015, after a third year of double-digit gains. The market is having a weak go of it Monday morning, and funds are moving over into the bond market to continue the now-into-three-years run of "are you kidding me with these yields" that's likely to confound more than a few people this year.
The hedge fund industry is on track to finish out the year both with record assets and a huge chunk of fund closures. Of the 240 funds launched in the third quarter 200 were liquidated, according to data from Hedge Fund Research. Year-to-date through September's end, there were 814 launches and 661 liquidations, HFR data showed.