Bloomberg: The coming default wave is shaping up to be among most painful

Crux note: Stansberry Research founder Porter Stansberry has been warning readers since last November about the massive wave of bond defaults on the horizon… along with the havoc it will wreak across the entire financial world. It’s a situation he calls “the greatest legal transfer of wealth in history.” Here at The Crux, we feel that every investor should understand this situation and the risk it poses to your financial well-being. Finally, it looks like the mainstream media is catching on. Here’s the latest on the story from Bloomberg…

From Bloomberg:

× Like The Crux on Facebook

When the next corporate default wave comes, it could hurt investors more than they expect.

Losses on bonds from defaulted companies are likely to be higher than in previous cycles, because U.S. issuers have more debt relative to their assets, according to Bank of America Corp.…

admin

admin

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!

-> CHECK AVAILABILITY HERE


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!

<