Plunging GE—-Canary In The Corporate Credit Collapse

One day after Jeff Gundlach warned in his latest webcast that much more pain is coming for the corporate bond market, echoing a similar warning made just hours earlier by Scott Minerd, who cautioned that “the selloff in GE is not an isolated event. More investment grade credits to follow. The slide and collapse in investment grade debt has begun”…

 

 

https://www.zerohedge.com/news/2018-11-14/there-no-corner-hide-100-billion-fund-manager-warns-credit-rout-just-starting