It gets costly when the entire market depends on a handful of over-hyped mega-caps.
Fears the bull market died sent people & algos scrambling out of the way.
Has the Fed Made a Deal with Trump?
Lured by the siren song of a “buying opportunity” and a fat yield.
Their “Everything Bubble” is being pricked “gradually,” and they don’t like it.
Consumers are being lackadaisical again with their plastic.
“It’s time to wait patiently as the air is slowly let out of this bizarre Ponzi balloon created by the venture capital industry.”
In detail: ‘Collateral Stripping,’ ‘Incremental Facilities,’ ‘Cov-Lite,’ & ‘EBITDA Add-Backs’
Will this Scheduled Bloodbath in Corporate Debt Deter the Fed?
The myth of the “blackout period.” And the price of “unlocking value.”