Neutrophils are the most common type of white blood cell, comprising about 50-70% of all white blood cells. They are phagocytic, meaning that they can ingest other cells, though they do not survive the act. Neutrophils are the first immune cells to arrive at a site of infection, through a process known as chemotaxis.
One of the basic theories stipulates that increasing interest rates raise consumers' and manufacturers' costs, which, in turn, reduces the amount of time and money people spend driving. Less people on the road translates to less demand for oil, which can cause oil prices to drop.
Because of the weak state of the US energy producers, low oil could cause a jump in bad loans. That could tighten the system and ultimately crash markets. Historically a jump in oil prices are associated with down markets (NYSEARCA:SPY). Down oil has led to up markets. We recently wrote that we see oil turning lower (here and here). We want to show how this time a FALL (not a rise) in oil prices could be the key to hit markets. Falling oil prices can exacerbate a US credit problem. That would jump rates, tighten credit and potentially crash markets. Oil appears to have entered a down trend.