Yes. Get out early, lock up the pensions. This is a lot like a bank run.
More problems: So Cal will be taking a hit from ToysRus closures, and the schools are on the hook to pay for five years of corrupt school construction. Rates are rising, costs will suddenly jump. And the market is showing bear with declining prices as Cal pensions are forced to redeem.
More problems: So Cal will be taking a hit from ToysRus closures, and the schools are on the hook to pay for five years of corrupt school construction. Rates are rising, costs will suddenly jump. And the market is showing bear with declining prices as Cal pensions are forced to redeem.
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