It’s not a ‘buy the dip’ for corporate bonds, it’s ‘sell the dip,’ it’s not going to get fixed tomorrow – Saba Capital
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2025
0mins
Source: SeekingAlpha
Market Concerns: Boaz Weinstein warns that Trump's trade war could trigger a rapid selloff in corporate bonds, leading to an accelerated rate of bankruptcies and a potential market crash, with significant declines already observed in various bond ETFs.
Economic Forecasts: Major financial institutions like Bank of America and Goldman Sachs have lowered their economic forecasts, indicating increased risks of a global recession, as the S&P 500 experiences substantial losses and rising credit risk anxiety.
Analyst Views on PHB
Wall Street analysts forecast PHB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PHB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 18.610
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Current: 18.610
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
