by Kevin Muir of The Macro Tourist Last week’s piece about the widening of investment-grade credit versus high-yield got so many intelligent responses, I thought instead of writing on a new topic today, I would take the lazy route and simply share the insights. …
U.S. stock market has begun a divergence from investment grade spreads. The last time this happened was 20 years ago, 1998 Via @bullmarketsco https://twitter.com/OccupyWisdom/status/1008686062309380096 https://twitter.com/OccupyWisdom/status/1008693978458480640 https://twitter.com/OccupyWisdom/status/1008659309071339523 h/t @VisualCap pic.twitter.com/XSagnkk3RF — Alastair (@StockBoardAsset) June 18, 2018 China auto sales pic.twitter.com/Z8bqrSPXr4 …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Fed will keep tightening until these junk bonds buckle. High-grade corporate bonds have had a hard time. Yields have surged as prices have fallen. The S&P bond index for AA-rated corporate bonds is down 3.2% so far …
Wall St. For Main St., Released on 2/28/18 Jason Burack of Wall St for Main St interviewed returning guest, former Chief of Staff for Congressman Ron Paul and current President of the Mises Institute https://www.mises.org/, Jeff Deist. Jeff also worked …