🇺🇸 Nothing Is Spared in Selloff as Stock Downtick Index Hits Record – Bloomberg
*The number of stocks falling on the New York Stock Exchange exceeded those rising by 2,058 at one point, sending the #NYSE TICK Index to a record low.
*Link: https://t.co/yszEh5lFbs pic.twitter.com/W6O97savGP— Christophe Barraud🛢 (@C_Barraud) June 12, 2020
🇺🇸 U.S. Business Debt Soars by Record on Bond Issuance, Loans – Bloomberg
*Link: https://t.co/T6cbb1uA7M pic.twitter.com/4cKVeM81ci— Christophe Barraud🛢 (@C_Barraud) June 12, 2020
Chart: US corporate debt approaching 50% of GDP (as of Q1) – pic.twitter.com/c3yZj4qUXw
— (((The Daily Shot))) (@SoberLook) June 12, 2020
This is just getting silly. Record levels of corporate leverage, the longest economic expansion ever, the most extreme valuations in US history, the most unfavourable economic conditions in nearly 40Y & a record disconnect between stocks & macro fundamentals. This won’t end well. pic.twitter.com/njwFf9WaIo
— Julien Bittel, CFA (@BittelJulien) June 12, 2020
US producer prices rose in May, reducing the YoY decline to 2.8%. Lower producer prices often point to overcapacity with lower #earnings as a result. #PPI pic.twitter.com/qgOJ2OBY7w
— jeroen blokland (@jsblokland) June 12, 2020
