Coming mother of all Liquidity Crisis

in #economy6 years ago

“It's really mindless investing, The crux of the problem is that mutual funds own more bonds that seldom trade than ever before, but they're still promising to pay out investors within seven days of redemption, a promise they may not be able to fulfill in the next downturn or crisis.”

https://www.financialsense.com/fs-staff/liquidity-crisis-looming