1929: Black Thursday
1973: OPEC oil embargo
2008: subprime CDOs
2020: COVID-19
2025: let’s go Brandon
1929: Black Thursday
1973: OPEC oil embargo
2008: subprime CDOs
2020: COVID-19
2025: let’s go Brandon
Axios writer, 2006
Axios writer, 2006
www.wsj.com/finance/inve...
CDOs were bunches of mortgage debt packaged up and sold to investors as AAA rated low risk low reward investments. But the banks bundled in debt that was WAY below AAA and so it was high risk
CDOs were bunches of mortgage debt packaged up and sold to investors as AAA rated low risk low reward investments. But the banks bundled in debt that was WAY below AAA and so it was high risk
When all time highs for the CDOs?!
When all time highs for the CDOs?!
*GUNDLACH SAYS PRIVATE CREDIT ANALAGOUS TO CDOS IN MID-2000'S
*GUNDLACH SAYS PRIVATE CREDIT ANALAGOUS TO CDOS IN MID-2000'S