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Warning Sign:

Junk bonds are yielding less than CPI

 

 

people haven’t been making i never

thought i’d see this in my career

daniella the other day so-called junk

bonds or

yield bonds we’re yielding lower than

the cpi

index it’s just unbelievable that

something we used to call junk we know

right now

is going to pay us less than what the

current inflation rate is

i just don’t conceivably can’t bring

myself

uh to look at bonds in any way shape or

form

and quite frankly that’s a very scary

thing and maybe

i’ll end with this part the fixed income

market has been destroyed by the fed

and that’s the last part of my business

we i work with a group that specializes

in retirement and

business and exiting and estate planning

the retirement business is completely

up in the air there’s no longer any safe

secure

principle secured investment out there

people have to now take

risk to their principal in order to

maintain some sort of

you know financial stability retirement

whatever it may be

and that’s something we never thought

was going to be when we started

in this business and that’s the thing

that’s not being discussed by wall

street but will

when eventually the market implodes and

then people realize that hey what how do

i do how do i keep maintaining my

lifestyle

because i can’t i can’t keep making 5 10

or twenty percent like it’s

like it’s simple if i may one final note

it is an extreme pleasure and honor to

be interviewed by you

and your listeners are

don’t recognize how fortunate and

blessed they are

but because i know when i see you do

other interviews that you’re on the

other side of the coin or

who you’re interviewing but you don’t

attack them you give them a chance to

share their views and in a nice way

you bring up points that kind of point

out where they may not be

and i have to tell you that’s a blessing

and gift and i just hope you keep it

means a lot to me peter thank you so

much thank you for those words and

again thank you for your time come back

soon to stansberry investor.com okay