The Traderszone Network

Published in TZ Latest News 15 December, 2015 by The TZ Newswire Staff

Why the current credit crisis might be 35 times worse than you thought

According to data obtained by Yahoo Finance, there are currently $27.2 billion in mutual fund assets that have suffered peak-to-valley losses over the last year greater than 10%. This amount is 35 times greater than the size of the Third Avenue fund, which suffered the third worse loss in the list of -34.5%.