Wall Street Prepares To Reap Billions From Another Main Street Wipe Out | Zero Hedge

Wall Street Prepares To Reap Billions From Another Main Street Wipe Out | Zero Hedge: "
Wall Street is preparing for panic on Main Street.
 
Hedge funds are lining up to profit from potential trouble at some "alternative" mutual funds and bond exchange-traded funds that have boomed in popularity among retirees and other individual investors.
 
Financial advisers have pushed ordinary investors into those funds in search of higher returns, a strategy that has come into favor as Federal Reserve benchmark interest rates remain near zero. But many on Wall Street worry the junk bonds, bank loans and esoteric investments held by some of those funds will be extremely hard to sell if the market turns, leaving prices pummeled in a rush for the exits."



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