Fund Manager: The Financial System Is Becoming Increasingly Unstable
SilverDoctors.com
December 24, 2018
Bank stocks are in a bear market. Liquidity is drying up, and there’s a massive liquidity crisis developing. Who better to explain it than Dave Kranzler…
by Dave Kranzler of Investment Research Dynamics
Bloomberg posted an article this morning describing the Collateralized Loan Obligation market as “Wall Street’s Billionaire Machine.” But I seem to recall that the CLO market was one of the financial nuclear bombs that blew up and triggered the financial system de facto collapse in 2008. Well, it’s back – with a vengeance. Of course the taxpayers were once again sold a bill of goods never delivered when it was promised that the Dodd-Frank farcelegislation would “protect” the system from the re-development of these financial weapons of mass destruction…
Bank stocks are in a bear market now and there’s a reason for that. Many of you have probably seen leveraged loan ETF charts that look like this:
The Rest…HERE
