A hedge fund manager who retired at 36 explains how a ‘doom loop’ in corporate credit is on the verge of upending the entire pension system
|08/20/2019||Posted by BusinessMediaguide.Com under General World News||
- Raoul Pal, former hedge fund manager and founder of Real Vision, sees all hell breaking loose in the US pension system if corporate debt starts to get downgraded due to chain reaction of economic events.
- Pal sees the genesis of the crisis spreading from weakness in Europe, and swiftly permeating into US markets.
- He proposes quantitative easing for the entire pension system to mitigate a potentially cataclysmic upending of the network.
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In financial markets, when one domino falls, others tend to quickly follow. Trouble in one area of the market permeates into others, and the read more >>>