Jason Burack: Toxic Derivative Sausage Making Is Ramping Back Up?

Wall St. For Main St., Released on 10/5/20

And the Orwellian misnomer of the year for 2020 goes to whoever named the new CLO ETF, AAA!

Cerberus Is Repackaging Near-Junk CMBS Into Top-Rated Securities www.bnnbloomberg.ca/cerberus-…

CLOs Are About to Get Easier for the Robinhood Crowd to Buy www.bnnbloomberg.ca/clos-are-…

First ETF Tracking $700 Billion CLO-Market Starts finance.yahoo.com/news/first-…

CLOs get Volcker Rule reprieve to buy more than leveraged loans www.bloomberg.com/professiona…

Dr. Ron Paul Op-Ed on The Fed Buying Lots of Corporate Bonds: The Federal Reserve is Getting Desperate ronpaulinstitute.org/archives/…

US leveraged loan downgrade ratio hits staggering 43:1 as pandemic stalls market www.spglobal.com/marketintell…

Who Will Get Hit When Collateralized Loan Obligations (CLOs) Blow Up? Banks or Unsuspecting “Market Participants”? wolfstreet.com/2020/06/29/who…

CLOs Fight Back Against Hedge Fund Efforts to Siphon Value www.msn.com/en-us/money/compa…

BlackRock and Ares Are Selling CLOs at Prices Signaling Recovery finance.yahoo.com/news/blackr…

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.