Category Archives: Main Page

Corporate bonds keep telling stocks where to go

High yield corporate bonds and stocks traditionally move in close correlation over full market cycles. When valuations are high, so is the downside to capital in both. This chart since 2006 of US high yield bond prices (HYG in green) … Continue reading →

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Status quo assumptions shifting under markets

US leadership candidates like Cruz and Clinton imply business as usual for corporate welfare and Wall Street. But Trump (who talks about getting rid of carried interest and tax loopholes) and Saunders (who says breaking up the finance cartel is … Continue reading →

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2016: the year for establishment change?

Interesting discussion from Sanders supporters on why they see establishment change as the dominant goal for the 2016 election. Here is a direct video link.

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