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
Domestic, nonfinancial, #debt is close to $50 trillion [250% of #GDP].
A 1% increase in #interestrates is around a $500 billion in additional debt servicing costs. pic.twitter.com/nOm0BJ5NLS
— OW (@OccupyWisdom) June 18, 2018
CAPITALIZATION OF US DOMESTIC COMPANIES ON #NYSE & #NASDAQ pic.twitter.com/cWdf5mWJEK
— OW (@OccupyWisdom) June 18, 2018
h/t @VisualCap pic.twitter.com/XSagnkk3RF
— Alastair Williamson (@StockBoardAsset) June 18, 2018
China auto sales pic.twitter.com/Z8bqrSPXr4
— Teddy Vallee (@TeddyVallee) June 18, 2018