Air Keeps Pumping Into the U.S. Valuation Balloon: Bloomberg
Decomposing soon deflates the bubble of optimism about further gains.
Financial Watchdog Warns About Dangers of Leveraged Loans: WSJ
The boom in the market for leveraged loans, a favorite financing source of private-equity-backed companies, has created vulnerabilities in the global financial system, according to a report from international regulators.
A limited number of big banks are most exposed to these markets because they arrange the loans and hold some of them while also offering borrowers revolving credit facilities, according to the Financial Stability Board, a collection of global central-bank officials.
Fed Adds $57.52 Billion to Financial System in Latest Repo: WSJ
The Federal Reserve Bank of New York added roughly $57.5 billion in temporary liquidity to financial markets Thursday.
Options Traders Eye Insurance Even as Stocks Soar: WSJ
Options traders are paying up for bets that would profit if the S&P 500’s record run came to a halt.