High-yield bonds have been on the rise since the Great Recession as investors chase return without focusing too much on the risk. High-yield bond funds have a high % of energy companies, thus, with the recent precipitous fall of oil price, the impact can be felt hard. A few downstream and upstream energy companies have … Continue reading Junk Bond: Liquidity Crunch
Federal Reserve: Rate Hike in December?
I was listening to the Bloomberg podcast on my drive to work this morning and some economists and analysts were quoting a 45% chance of recession in 2016 and one of the major banks quoted a 76% of recession in the coming year or two. The global economy and equity market has been fattened with … Continue reading Federal Reserve: Rate Hike in December?