How long can they keep this sham economy afloat?
2 posters
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How long can they keep this sham economy afloat?
http://www.usatoday.com/story/money/markets/2016/04/18/defaults-hit-highest-level-since-09-bust/83003002/
MikeSandy- Posts : 1778
Join date : 2011-07-28
Energy investors arent paying attention
People will always need energy. All energy stocks and bonds are being heavily pressured right now but not all are vulnerable. If you invest or loan money to a retailer of energy instead of a producer, you can't get hurt. They buy at market, apply a profit margin and sell it. If you buy their bonds, they are selling at a par of 65 right now which means you make 35% on your investment the first day. They are so tarnished by the sector that they are paying over 8%. That's on face value, not the 65$ you bought it at which means you are really making over 11%. Quick, someone tell them in the inner city to correct the income inequality.
DonMatzeder- Posts : 591
Join date : 2011-07-21
Age : 77
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