The Next Financial Disaster Starts Here

Carl Icahn says this market is in a bubble… and that there’s “going to be a great run to the exits.”
Icahn is one of the world’s most successful investors. He’s worth $21.5 billion. According to Forbes, he’s the 31^st richest person on the planet.
Last week, Icahn said that junk bonds are “extremely overheated.”
Junk bonds are usually issued by companies with shaky finances. They pay high interest rates to compensate investors for their high risk.
•  Low interest rates have pushed investors into these risky bonds…
Junk bonds have become popular in recent years. They’re one of few places where investors have been able to get a decent income stream.  (more)