Tag Archives: Phil Cannella Crash Proof

Phil Cannella Warns Investors About The Bond Bubble

Chicago Credit Downgraded To ‘Junk’ Phil Cannella has spent almost 40 years in the insurance industry, so he knows a safe investment when he sees one. And the bond market is not a safe investment, as Cannella reported on last week’s Crash Proof Retirement Show. Research from Retirement Media Inc. found that Moody’s, a leading provider of credit ratings, research, and risk analysis, has downgraded the credit rating of America’s 3rd-largest city to junk-bond levels. Moody’s rating system, which grades bonds from Aaa to C, Read More +