FALLEN ANGELS 😇
I guess the Fed couldn't fix this after all🤔 pic.twitter.com/rgdgiTuphm
— Win Smart, CFA (@WinfieldSmart) October 26, 2020
Bond Defaults Deliver 99% Losses – Key trend to watch as profits dropped 33% in the 3rd Qtr for S&P 500 corps. Without stimulus & infections surging 4th Qtr headwinds are strong. @LanceRoberts @michaellebowitz @DiMartinoBooth https://t.co/fxVe2MWq3l
— Patrick Hill (@PatrickHill1677) October 26, 2020
A bond spreads at or near an all-time low. Recipe for trouble. Luckily the Fed will bail everybody out.
— Michael Lebowitz, CFA (@michaellebowitz) October 26, 2020
Investor Sentiment pic.twitter.com/dnRLLUE8Zc
— Win Smart, CFA (@WinfieldSmart) October 26, 2020
Hedge Funds are nearing a record long 10Y vs. 30Y UST position. The spread in speculative positioning as a % of open interest is above 20% for the first time since Aug ‘07, & before that Oct ‘00. Worth tracking. pic.twitter.com/X2a7AaYKKj
— Julien Bittel, CFA (@BittelJulien) October 26, 2020