The Monetary Experiment Starts to Unravel (SDN) Podcast: Play in new window | Download Subscribe: Apple Podcasts | Android | Email | Stitcher | RSS It only took one word from Fed Chair Jerome Powell on inflation to send the markets reeling, and that word was “transitory.” The markets have been … Read more

The distance between the S&P and high yield suggests the stock market starts the breakdown today $GS Monthly #Update — HiddenPivots (@HiddenPivots) January 16, 2019 The credit cycle looks something like this. We’ve basically been stuck in Phase 3 since 2015, though … Read more