hope we were smart enough to have only sold this shit to china
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fffffffuuuuuuuuuuuuuhttps://twitter.com/sonomonono/status/1265475530171744257?s=19 …
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I think it’s ok, it’s permanent capital / leverage (ie minimal forced selling). CLOs are maybe the only structured product that worked as advertised in 2008-2009, and they’re safer now
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probably good the agencies are bothering to downgrade them before the recession this time
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The companies are being downgraded Yes YES It is coming
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Stonks up today lol
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