The Fed has warned about them, and investors fear a run-on-the-fund.
Under tremendous pressure, the Fed sticks to its guns, mostly, and the crybabies are having a cow.
Peak “Everything Bubble?” The data is piling up.
The price of rising interest rates.
But look how the bonds got manipulated up 24% in one minute at the close.
Something’s not right: Banks are heavily exposed to record business debt as credit quality deteriorates.
Apple plunges. FANGMAN stocks down 10.4% for the week, down $1.12 trillion from peak.
Instead of “bubble” or “collapse,” it uses “valuation pressures” and “broad adjustment in prices.” Business debt, not consumer debt, is the bogeyman this time.
Shedding light on Powell’s “just below neutral” and the hullabaloo about the Fed suddenly turning “dovish.”
They sound conservative in marketing materials, but they pack special risks & surprises in a downturn that can entail a catastrophic loss for investors.