Run For Your Money
In this second short recommendation in as many weeks, we show how Bank of America is going to go spectacularly bust, and when it does, it’s going to take down a lot of other banks with it.
corporate debt
Casino Capitalism Crashes Planes
This week, we’re adding our first short to The Big Secret portfolio – that is, a stock we think will decline. This American manufacturer and defense icon has been destroyed by horrific management and regulatory failures… and we think there’s a real chance that shareholders will be wiped out.
Portfolio Update: Corporate Bankruptcies Reach Financial-Crisis Levels
Corporate bankruptcies are running at their highest rate since 2010, the year after the Great Recession. As defaults rise, investors will likely become more cautious about taking credit risk and it should become easier to find attractive values in lower-quality bonds.