Sentences with phrase «of their bond portfolios collapse»
They're gearing up to take a HUGE bath as the values of their bond portfolios collapse.
https://www.sovereignman.com/ Not exact matches
His legal background proved invaluable in 1991, when the state of California and its insurance commissioner John Garamendi seized Raleigh's then - financial partner Executive Life Insurance Company after the value of the insurer's multibillion - dollar portfolio collapsed — a fate tied to its massive investments in the junk bond market of the go - go 1980s.
People have been pushed further and further out on the risk curve,» said Michael Pento, an economist and founder of Pento Portfolio Strategies and author of «The Coming Bond Market Collapse» in 2013.
DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome back Michael Pento, president and founder of Pento Portfolio Strategies, and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market.
Michael Pento, President and founder of Pento Portfolio Strategies, explains how the collapse of the bond markets will wreck havoc on the global financial markets.
Michael Pento, the president and founder of Pento Portfolio Strategies and author of the book, «The Coming Bond Market Collapse», and the producer of weekly podcast, «The Mid-week Reality Check», wrote in his commentary on CNBC that «the yield curve will invert by the end of this year and an equity market plunge and a recession is sure to follow».