MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Impact Of Puerto Rico's Debt Crisis On Your Portfolio

TedTed
in The Bullpen
FYI: (This is a follow-up article.)
Recently, Puerto Rico sought what is essentially bankruptcy relief in federal court – a move that was considered unthinkable back in 2014 when hedge funds piled into the island’s debt. After all, Puerto Rico is a United States Commonwealth and, like the 50 states, is legally barred from declaring bankruptcy to unload its debts.
Regards,
Ted
http://mutualfunds.com/fixed-income-funds/impact-of-puerto-rico-debt-crisis-on-your-portfolio/?utm_source=MutualFunds.com&utm_campaign=f08c923b95-Dispatch_Weekend_Engage_07_01_2017&utm_medium=email&utm_term=0_83e106a88d-f08c923b95-290921629
Sign In or Register to comment.