HYG Meltdown: The Simplest Guide You'll Ever Read
Investors and traders alike often find it difficult to get of the way when freight trains are barreling down on them. Even when conductors like Carl Icahn have been blowing the horn as loud as they can for more than a year. Sometimes, you can't blame them (them being the homegamers). Retail, for instance, had…
Are We About To Witness A Reinvigorated Hunt For Yield? One Bank Says Yes
Are We About To Witness A Reinvigorated Hunt For Yield? One Bank Says Yes Last summer, Carl Icahn had a bit of “good natured” fun at Larry Fink’s expense at CNBC’s Delivering Alpha conference. BlackRock, Icahn told Fink, is a “dangerous company.” The billionaire’s contention, in a nutshell, is that BlackRock is pyramiding systemic…