Tag Archives: Gold

From precious metals to loans on the brink of default: Investors are flocking to these assets after the coronavirus market meltdown

NYSE fearless girl Wall Street

Mike Segar/Reuters Periods of widespread selling and cash-hoarding shifted the sands of the investing landscape to reveal new opportunities. Several of Wall Street’s biggest firms are raising billions of dollars to pile into distressed debt, viewing the Federal Reserve’s relief measures as a backstop for ailing corporations. Significant spending on …

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