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Pam Martens and Russ Martens – Pull Back the Curtain on Exchange Traded Funds and Out Pop Wall Street Mega Banks

The selloff in junk bonds has rattled the markets and is raising questions about just who it is that is providing liquidity to the junk bond Exchange Traded Funds (ETFs) — which have magically redeemed billions of dollars in withdrawals from retail investors while the underlying bonds in their portfolio are under severe stress in the broader marketplace. (Both a …