RE:Generally speakingWhy are you plugging this now ? Uh generally speaking, the whole world economy is levered over its head. Thanks QE. Productivity is at an all time low. Good debt growth at an all time low. Interest rates are maintained artificially low without any frigging reason and real positive impact. People only focus on the short-term, FED included, and not the long-term. If the system collapse, CXR will be the least of our worries and as matter of fact, it might even be a good thing to own it since healthcare is a sector that performs better when markets go sour. The job reports ? Well, look at why there are less jobs filled. I can think of one industry that's having it rough for a couple of months...aka energy. The previous jobs reports ? Boy they were good! Now there's one bad and that's it, game over. Just wait for the next one.
digitel wrote: Generally speaking, you don't want to own an overly indebted company heading into a recession; especially if there is a risk it will be as severe a recession as the last two. Friday's U.S. job's report was described as a body blow by the 'Bond King' Jeff Gundlach. Rosenberg says it's alarming. The gold miners ETF was up 11% on Friday with the second highest volume in its history.