Washington Policy Uncertainty Could Lead To High Yield Selloff

High yield investors shouldn’t become complacent with recent market stability especially with so much policy uncertainty (which actually has an index called the policy uncertainty index) – that’s the key message from a new report compiled by Bank of America Merrill Lynch’s High Yield Strategy team led by Michael Contopoulos. Brick And Mortar Retail Faces Challenges But Industry Is Adapting US Mercantilism Is Not Good For The Trade Deficit The team believes that following recent political headlines, their predictions for a “strong/fiery winter and early spring” giving way to “an icy back half” now looks extremely likely. Specifically, in the base…