Does the year 2000 and 2007 ring any bells? The drop in the #DowJones to bear market territory took 8 MONTHS. Oct 2007 – June 2008… It’s coming faster this time.

As the household net worth (purely debt) as a % of disposable income (“wealth effect”) gets above 600%, savings rates seem to drop sub-5% in unison; then net worth dissipates … Read more

Corporate Debt At Stretched Territory… The Chasm Between Policy And Reality Has Never Been Wider…Low Interest Rates Have Failed… The Fed Keeps Ringing Bells To Signal The Top, But The Markets Aren’t Listening!

This Metric Shows U.S. Corporate Debt At Stretched Territory U.S. corporate bond issuance was $106.2 billion in June, comprising $83.1 billion in investment-grade (IG) and $23.1 billion in high-yield (HY). … Read more