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What does " break the buck" have to do with the canary in the coal mine?...

What does " break the buck" have to do with the canary in the coal mine? (early warning)

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Answer #1

Break the buck is a scenario when the NAV of Mutual fund starts to slide down below $1 and it is not considered a healthy situation.

When the NAV slips below $1 , It is considered as a red flag or warning signal over the existence of the mutual fund as people get skeptical about the NAV going Zero and Canary in a coal mine is a warning signal so, Break the buck is often taken as a warning signal for some black swan event.

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