Opinion: Junk bonds aren’t as junky as investors think – which makes them a good contrarian buy

Opinion: Junk bonds aren’t as junky as investors think – which makes them a good contrarian buy

High-yield debt of riskier companies is not as junky as investors believe. So these bonds have sold off too much. Consider finding a place for them in your investment portfolio: Junk bonds are now a source of decent dividend yield and potential capital appreciation – and a compelling contrarian play. “I’ve been doing this a…

Stagflation, reflation, soft landing or a slump — what Wall Street expects in the second half of 2022

Stagflation, reflation, soft landing or a slump — what Wall Street expects in the second half of 2022

As the first half of 2022 draws to a close, Wall Street investment banks and their legions of strategists have been busy telling clients what they should expect in the second half of what has been an extraordinary year for markets as U.S. stocks head for their worst start in decades. Investment banks like JP…