IPFS News Link • Pensions
Are Corporate Pensions About To Start Dumping Their $1 Trillion In Equity Holdings
• zerohedge.com by Tyler DurdenIn fact, we recently wrote about how Chicago's largest pension fund could run out of cash within 4 years if such a scenario played out (see "How Chicago's Largest Pension May Run Out Of Cash In As Little As 4 Years").
And while we hate to be pessimistic, lets just take a look at what happens if, by some small chance, today's market gets exposed as a massive bubble and we have another big correction in 2018.
Such a correction would force the fund to liquidate over $1.5 billion in assets in 2018 alone....
....and the system would run out of cash completely within 4 years.