Junk-bond funds hit by ‘market conditions’ as retail investors refuse to be sitting ducks.
Subprime is merciless when it strikes back.
Among those who’ll get to eat the losses: unsuspecting retail investors.
A desperate feeding frenzy takes its course.
It always pays to be cautious when other investors get greedy.
The money is drying up. Bondholders grapple with the sordid meaning of “junk.”
Despite incessant hype, businesses depict a troubled global economy.
That’s the new thinking about the markets in a crummy global economy where everything is overvalued.
“The next junk-bond implosion.”
The bloodletting will go on until the money dries up.