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Bill Fleckenstein: Bond Market Rebellion = 'Game Over' For Central Bank Control
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The global economy runs on credit, so when there's trouble in the credit markets, EVERYTHING hangs in the balance.
Bond yields have been rising fast around the world this year. So fast in some cases, that things are starting to break.
Just this past week, the UK credit market started melting down -- forcing the Bank of England to engineer a desperate rescue by buying 65billion-pounds worth of gilts on the open market.
How worried should we be about instability in our credit markets? To find out, we talk with investor and analyst Bill Fleckenstein of Fleckenstein Capital.
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
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