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Cory’s Chart Corner
Great chart from @crescatkevin on growing delta between CCCs and BBBs. Carry-on as if everything is normal!
The second indicator is widening CCC vs. BBB credit spreads.
Credit markets are generally quicker to pick up on deteriorating corporate cash flows than equity markets. While the S&P 500 Index has been hitting new all-time highs over the past six months, US triple-C credit
Author Archives: Danielle Park
Consumer collapse in motion
Add leverage and stir has been the recipe for economic expansion at all costs; thus, the seeds of a credit implosion have been planted (again). We reap what we sow, and so it goes. In this episode of The Weekly … Continue reading
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DDB: Economic cracks are widening
Worthwhile macro update in this segment. Danielle DiMartino Booth, former Fed insider and CEO of QI Research, warns that the US economy is deteriorating rapidly with rising unemployment and corporate bankruptcies despite stock markets reaching new highs. Here is a … Continue reading
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Economic hits keep coming
While Washington deflects attention with yet another government shutdown standoff, US economic data deteriorated further in September; see US Consumer Confidence Falls to Five-Month Low on Job Concerns. The latest published U.S. Consumer Confidence (Conference Board) index came in at … Continue reading
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