Midas Letter :
" financial crisis of 2016 will be much worse than 2008." - Jim Rogers
The Specter of Risk in the Derivatives of Bond Mutual Funds - by Fabio Cortes
"Investors in leveraged bond mutual funds, when faced with a rapid deterioration in the value of their investments, may rush to cash in, particularly if this results in greater than expected losses relative to benchmarks (and the historical performance of their investments). This could then reinforce a vicious cycle of fire sales by mutual fund managers, further investor losses and redemptions, and more volatility"
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