Via @StockBoardAsset
The current high-yield spread is inconsistent with the corporate debt levels as a percentage of the GDP
https://blogs.wsj.com/dailyshot/2018/06/19/the-daily-shot-volatility-is-back/
2018 total returns…
Micro-cap stocks: +14% (all-time high today)
Dow: +0.6% (6.5% below Jan all-time high) $IWC $DIA pic.twitter.com/rYg0Kzsq67— Charlie Bilello (@charliebilello) June 20, 2018