When Do High-Yield Bonds Become Junk Bonds?

May 8 (Bloomberg) -- On today's "Insight & Action," Adam Johnson looks at bonds on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Bob Chapman : Stocks and Bonds are going to go down in value

Bob Chapman : The debt of The US is unplayable

Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday and the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.

Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.

In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt

Stay Away from Bonds if you want to protect your wealth

Protect Your Wealth: Stay Away from Bonds

It's a gloomy outlook for sovereign debt says Martin Hennecke, associate director at Tyche. He suggests you stay far clear from long term bonds. He explains why to CNBC's Anna Edwards & Lisa Oake.

Bonds and Beyond - CNBC

A look at the US bond market and beyond, with Jim Bianco, of Bianco Research; Tony Crescenzi, of Pimco; and Jim Iuorio, of TJM Institutional Services.

Channels: The Economy Macro Central Banks, Bonds, Interest Rates Stock Market & Investing

Tags: US Bonds market wall street online trading shares stocks futures ETF Crescenzi Pimco