It is the 18th of October 2019

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Funds Managing $1.1 Trillion Are Dumping Junk Bonds

Even before Ray Dalio doubled down on his warning that the US has become as dangerously fragmented as during the pre-World War II days of 1937, prompting him to "tactically reduce" risk, some of the biggest names on Wall Street were selling.

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Funds Managing $1.1 Trillion Are Dumping Junk Bonds

Even before Ray Dalio doubled down on his warning that the US has become as dangerously fragmented as during the pre-World War II days of 1937, prompting him to "tactically reduce" risk, some of the biggest names on Wall Street were selling.

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Lord Rothschild: "Share Prices Are At Unprecedented Levels, This Is Not A Time To Add Risk"

One year ago, the financial world was abuzz when the bond manager of what was once the world's biggest bond fund had a dire prediction about how "all of this" will end (spoiler: not well).

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