Rennova Health Inc (RNVA)

[nfrequent]

Damage from collapses in the so-called dark pool would be fairly well-contained, I think. There are some known macroeconomic unknowns. It's the unknown unknowns that cause crashes. There are always a very few voices crying in the wilderness about something like those credit default swaps on mortgage-backed securities (bundles), but they are only recognized after the fact. There may be some paper going bad now in this housing "financialization" trend. It has artificially reduced the housing supply for home buyers. Now interest rates have drawn back demand, and the game has changed for the five or six firms that control that relatively new industry. If they had to start selling properties all at once, they're screwed, and it will take a few years to unravel the titles from the commercial paper before homebuyers can take full advantage. That would be one to root for if not for whatever fallout would hit broader markets.