By Elliott Wave International
The co-editor of our monthly Elliott Wave Financial Forecast newsletter tells you about the emergence of the so-called CoCo bonds, one of the hottest new derivative-backed instruments on Wall Street.
Listen as Peter explains what differentiates them from regular bonds — and why they’re so risky to own.
FREE Report: “Catching a Falling Financial Knife”As you’ve just heard, there’s a hot new financial instrument taking Wall Street by storm, CoCo bonds. We have just posted a new free report, Catching a Falling Financial Knife, that shows you why we think they are so dangerous. (Excerpted from our current Financial Forecast, co-edited by Pete Kendall.) This new free report also shares with you two stock market indicators that may warn you of the next big move. Read our new free report now — and get ahead of what no one else sees coming >> |
This article was syndicated by Elliott Wave International and was originally published under the headline (Interview) Wall Street is Coo-Coo for CoCo Bonds. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.