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THE RICHIE ALLEN SHOW (9.30.20)
CLICK GRAPHIC TO VIEW VIDEO. Gerald’s segment begins at the 19.00 mark
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INVESTORS DUMP JUNK BONDS
Investors pulled $4.86 billion out of junk bond funds during the week ending 23 September, the market’s worst weekly sell-off since March. BlackRock’s iShares high-yield bond fund had $2 billion taken out of it on Monday and Tuesday alone. The average yield on U.S. junk bonds rose to 5.83 percent on 23 September to its...
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GOING DOWN, GOING BUST, GOING OUT
How bad is it in the current world of businesses, careers, jobs, and professions… and how low will it go? Here is our latest overview of those suffering from the draconian economic lockdowns imposed upon society. DISNEY FIRING SQUAD: Walt Disney’s Great-Niece, Abigail Disney, who is not a fan of Disney management, warned back in late...