A CLO is not exactly a CDO. But it is another bunch of garbage. Yes, it might spark the next crisis, but don’t worry, it’s just a small aspect of the financial system. The risk is contained. It can’t possibly spread to other investments. Even if it did, the Fed has our back. Ray Dalio said we have a few more years until a recession. Everyone shops at Amazon nowadays. Stocks always rise over the long term anyway...and now back to reality.
CLO for dummies.jpg (890×548)
The Bomb That Blew Up in 2008? We’re Planting Another One
https://outline.com/ES6TsU
CLO Issuance Is Far Surpassing Other Types Of Asset-Backed Securities
https://www.forbes.com/sites/mayrarodriguezvalladares/2018/11/05/clo-issuance-is-far-surpassing-other-types-of-asset-backed-securities/#1c6ea42b1384
(960×658)
CLOs Have Hit a Peak When Mom and Pop Show Up - Bloomberg
https://www.bloomberg.com/opinion/articles/2018-07-10/clos-have-hit-a-peak-when-mom-and-pop-show-up
Leveraged-Loan Protections Go From Bad to Worse - BNN Bloomberg
https://www.bnnbloomberg.ca/leveraged-loan-protections-go-from-bad-to-worse-1.1203610
(960×722)
▶️ DTube
▶️ IPFS
Congratulations @themoneygps! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness and get one more award and increased upvotes!