The Sovereign Debt Trade of the Decade
Calling Venezuelan sovereign debt distressed is an understatement. Lee Robinson, founder of Altana Wealth, argues that the downtrodden bonds could present investors the opportunity of the decade. Robinson walks viewers through why these bonds that have gone from par to 10 cents on the dollar provide massive upside – 800% to 1000% potential returns – should sanctions on one of the most natural resource-rich nations on earth change with the coming US Presidential election. Robinson argues that there could be trillions of dollars in potential upside for the coming decade in the country that has suffered so much over the last decade. Filmed July 20, 2020.