Message Font: Serif | Sans-Serif
 
No. of Recommendations: 6
I don't think selling is BAM specific. Selling the last couple of days seems driven by tax reform news, esp. the Senate version which pushes corporate tax rate cut to 2019.

Also you might be interested in following the deteriorating junk-bond market.

Stocks fell around the world a second day and high-yield bonds headed for a fourth straight loss, resuming a historic correlation that the hedge fund manager on Wednesday had warned was alarmingly out of whack.

https://www.bloomberg.com/news/articles/2017-11-10/gundlach-...

BAM, even after the drop is still very close to 52-week highs.
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement