One Sector I Think Could Get Ugly Without Warning

One group of names I'm still avoiding due to what I believe is an asymmetric risk profile that looks as risky as it ever has.

There’s one whole sector that’s been in the news this past week that I want to avoid right now.

A little more than a year ago, I made a big mistake by trying to bottom-fish in Russian equities like the RSX and Gazprom ADRs right before the United States essentially banned investing in them, rendering them worthless.

Having learned from that experience, there is now an entirely different sector of names that I want to avoid for many reasons, not the least of which is the fact that they could end up like Russian securities did: halted and marked at zero with no outlook on the future.