If the FED is not buying (like HYG), there is no fund in that
business that is worth to buy imho. Speeking of the FED: I still
have not found out how the economy can be helped by buying junk
like HYG. You help the big banks and their rich clients which have
those worthless funds in their books. But the common workers
and their jobs are going to be helped and saved how exactly????
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My personal opinion is you
Posted by ssaffer on 13th of Apr 2020 at 12:02 am
My personal opinion is you have to be a little nuts to stand in front of this run away freight train in real estate or the MBS market. https://www.zerohedge.com/economics/jpmorgan-scrambles-raise-mortgage-borrowing-standards-ahead-biggest-wave-defaults-history
If the FED is not
Posted by zwyss on 13th of Apr 2020 at 08:02 am
If the FED is not buying (like HYG), there is no fund in that business that is worth to buy imho. Speeking of the FED: I still have not found out how the economy can be helped by buying junk like HYG. You help the big banks and their rich clients which have those worthless funds in their books. But the common workers and their jobs are going to be helped and saved how exactly????