Tag - junk bonds

Federal Reserve Blowing Bond Bubble Even Bigger

Whenever the Federal Reserve, or any government agency for that matter, intervenes in the economy, it is always going to end up picking winners and losers. Government intervention distorts economic activity, and very often in ways that are detrimental to the functioning of the economy. The Federal Reserve’s latest attempts...

What Would Trillions of Dollars of Corporate Downgrades Mean for Your Investment Portfolio?

One of the dominant themes in markets today is the vast amount of near-junk grade debt that’s floating around out there. Corporate debt levels are nearly double what they were during the financial crisis, and in terms of corporate debt to GDP, we’re at levels that we last saw...