Rising Rates/Credit spreads effects EVERYTHING, SPX Rolling Over, 37% of households’ total financial assets are currently invested in equities.

https://twitter.com/MacroTechnicals/status/980879597804847108 Goldilocks Who? 50% More Corporate Credit Downgrades vs Upgrades Q4 17 In a near-ZIRP world, US corporations can’t help but overfeed at the debt trough. As Default Rates Rise, Banks Hike Debt Interest Rates 1% in 6 Months “Wall …

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