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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Interest Rates In 2022
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Post by Leewardcape on Jan 24, 2022 8:34pm

Interest Rates In 2022

Don't forget that the current estimate is for four hikes in 2022..(Goldman Sachs)... That could explain today's and future market sell-offs... The market "bakes in" an interest rate increase on or around each Quartery earnings parade...
Comment by Snowballer on Jan 24, 2022 9:36pm
I don't see the Fed backing off either.  The mother of all crashes coming imo... probs have to wait for 1.5% to 3%  But until then, I think this spring/summer is gonna be wild if more countries "learn to live with it" and end mandates. Market could experience epic run before crashing... unless of course the bear market has already begun, world war 3 is about to start with ...more  
Comment by Snowballer on Jan 24, 2022 9:49pm
Also, Corporate earnings on path to shrinking not expanding. 
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