A Devil's Bargain Faces Investors In Popular Structured Notes

Here’s an investment that sounds just too good: You get 150 percent of the upside of the stock market but only 90 percent of the downside. That’s the promise of structured notes issued by companies including JPMorgan Chase & Co., Bank of America Corp. and Goldman Sachs Group Inc.

A Devil's Bargain Faces Investors in Popular Structured Notes - Bloomberg