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RE: Morgan Stanley WARNS Of Coming Recession & Stock CRASH! - Sells All Junk Bonds!

in #money7 years ago (edited)

Ah, I miss the Junk Bond days of the late 80's and 90's. Quite pleased to see this post. Thank you @joshsigurdson. One must always be cognizant of the equity component of junk bonds and how it is one of many key indicators of future equity market moves/returns. It was a much more reliable leading indicator back in the day. However, with HFT, ETFs, etc., it has become somewhat less reliable, yet important.

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If the stock market crashes, cryptos will go up!

A lot of people will lose there homes. Strange how some one has to suffer in order for someone to keep rewards.

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