Source: New Jersey Pensions Slash Hedge Fund Allocation For 2nd Time In 3 Years
Archive for May 30th, 2019
Powell Channels Bernanke: “Subprime Debt Is Contained”
30
May
“Pop quiz, hotshot. There’s a ‘corporate junk bond’ bomb on a bus. Once the economy slides toward 0%, the bomb is armed. If Deutsche Bank goes bust, it blows up. What do you do? What do you do?”
Source: Powell Channels Bernanke: “Subprime Debt Is Contained”