Junk bond market is on fire pic.twitter.com/Ohc39dhOJb
— zerohedge (@zerohedge) September 28, 2020
Investment grade bonds are slowly turning into junk bonds… ht (James Wong) pic.twitter.com/IdNYI3bKle
— jeroen blokland (@jsblokland) September 28, 2020
— Trevor Noren (@trevornoren) October 1, 2020
Interest rate volatility is at an all-time low:
In the past, such low volatility was followed by a sharp ramp higher and a stock market crash.
2007 all over again? pic.twitter.com/ZEP7vBNY6q
— SentimenTrader (@sentimentrader) October 2, 2020
— Christophe Barraud🛢 (@C_Barraud) October 1, 2020
BofA: "The Sell Side Indicator, our measure of Wall St. bullishness on stocks, ticked up to 56% & is now back to pre-COVID levels" pic.twitter.com/0J95pRGpmN
— zerohedge (@zerohedge) October 1, 2020
🇺🇸 The #Covid_19 pandemic helped fuel the worst third quarter on record for large corporate bankruptcies. 70 companies with more than $50 million in liabilities sought bankruptcy protection last quarter. That compares to the 76 in the prior quarter – Bloomberg data pic.twitter.com/KTENKhWPrS
— Christophe Barraud🛢 (@C_Barraud) October 2, 2020
Small caps, a big testament for the real shape of the economy.
Russell 2k to Nasdaq ratio is now near all-time lows.
About to retest the tech bubble levels.
The big difference this time:
Small caps already peaked 2 yrs ago.
They've been trending with lower highs since then. pic.twitter.com/SURxO2J6S8
— Otavio (Tavi) Costa (@TaviCosta) September 29, 2020
Similar perspective for all types of US equity investment funds vs listed companies pic.twitter.com/sEKZFAQwSf
— Callum Thomas (@Callum_Thomas) October 4, 2020
Average tax rates for the rich in the US have been cut massively over the last decades. New article on the rise of income and wealth inequality in America by @gabriel_zucman:
— Philipp Heimberger (@heimbergecon) September 29, 2020