C crgarcia Dec 23, 2009 #11 Quote from Momo Gaddafi: haha the "panic" is likely to be caused by some type of corporate bond default or sovereign debt default. corporate bonds are one of the last places you will want to be. short term US tresuries is where you want to be. More... What if the panic is due to a double-dip recession? Or commercial state and credit card defaults? It is much a more likely scenario than corporate bonds of good reputable companies defaulting. In fact the commercial real state and credit card default is already underway.
Quote from Momo Gaddafi: haha the "panic" is likely to be caused by some type of corporate bond default or sovereign debt default. corporate bonds are one of the last places you will want to be. short term US tresuries is where you want to be. More... What if the panic is due to a double-dip recession? Or commercial state and credit card defaults? It is much a more likely scenario than corporate bonds of good reputable companies defaulting. In fact the commercial real state and credit card default is already underway.
