Spreading the truth. Empowering the people.
by Kimble Charting Are junk bonds about to send stocks a concerning message to stocks? They might be worth watching very closely for hints right now! This chart looks at junk bond … Read more
BY JOHN RUBINO Paying someone in order to lend them money seems kind of pointless. Yet the practice of stashing wealth in places where it yields nothing (and maybe even … Read more
via FT: In the autumn of last year, US bond investors fully expected Cloud Peak Energy to pay back the money it had borrowed. A bruising fourth-quarter sell-off across commodities … Read more
by confoundedinterest17 To listen to some talking heads, everything is beautiful. But according to the bond market, everything is not beautiful. In fact, there is concern about global economic growth and financial … Read more
By Charles Kennedy The Saudi plan to use their state-run oil giant, Aramco, as a piggy bank panned out fabulously for the Kingdom on Tuesday, with international investor demand topping … Read more
the world is burning again pic.twitter.com/qxH4eO9znW — Alastair Williamson (@StockBoardAsset) March 22, 2019 MT GLOBAL MARKETS Weekly recap wk12 22Mar19 – thread 1/n • RiskOFF week• FOMC sensitive XXL,more dovish … Read more
by Kimble Charting Junk Bonds and the S&P 500 are both facing key breakout tests at the same time. What each does at these key price points could well determine if … Read more
Risk is back on the table. Junk bonds are gaining massive attention and of course, that’s not a good thing. Do you think junk is good? Risk is back on … Read more
via Bloomberg: Online lender Enova issued unrated consumer-loan ABS last year New CFPB proposal would loosen standards for subprime lending Online subprime lender Enova International Inc. bundled consumer loans with eye-popping … Read more
by John Rubino The key insight of the Austrian School of Economics (maybe the key insight of ALL economics) is that the amount you borrow matters, but so does the … Read more
via Bloomberg: The Vanguard Group holds about $415 million of municipal bonds issued on behalf of PG&E Corp., about half of the $920 million state and local debt sold for the California … Read more
Monster rally in U.S. junk-bonds currently underway. pic.twitter.com/W11bqrupdm — Tracy Alloway (@tracyalloway) January 8, 2019 Gundlach: "By historic standards 62% of Triple B rated bonds should be considered junk status … Read more
BY ROBERT ROSS The S&P 500 is down 14% since October. When the market drops, conventional investing wisdom says buy bonds. And this is what investors did. Many have shifted money … Read more
via Bloomberg: U.S. investment-grade credit spreads are at the highest level in more than two years as the market nears the end of 2018 with the worst returns in a … Read more
Investors rush into bonds in record numbers as global economic outlook falls to worst in 10 years “This month’s survey [found] the biggest ever one-month rotation into the asset class” … Read more
via GPC Too many investors are focusing on what the Fed is doing today. The REAL issue that matters is what the Fed did from 2008-2016. When the Fed created … Read more