A $3-trillion tsunami is about to wash over the stock market, warns fund manager
February 20, 2019 at 14:32 PM EST
Will Nasgovitz, who oversees $1.3 billion in assets as the chief executive of Heartland Advisors, isn’t calling for a “full blown financial crisis,” but, with trillions in corporate debt coming due in the coming years, the industry veteran’s not exactly predicting smooth sailing in the stock market, either.