“This Isn’t Going To End Well” – Junk Bonds Under Pressure
by Pater Tenebrarum via Acting-Man.com,
ZeroHedge.com
11/19/2015
There are seemingly always “good reasons” why troubles in a sector of the credit markets are supposed to be ignored – or so people are telling us, every single time. Some still recall how the developing problems in the sub-prime sector of the mortgage credit market were greeted by officials and countless market observers in the beginning in 2007. Meanwhile, the foundation of the economy continues to look rotten (the newest round of Fed surveys has begun with another bomb and other manufacturing-related data continue to disappoint as well). This isn’t going to end well, if history is any guide.
The Rest…HERE
