Will HY Credit Spreads Continue March Forward?
Slew of Oil and Gas coupon payments next month will certainly add pressure to HY bond market. HYG, CORP, and JNK are excellent feelers when compared to equities of stress.
WTI 300min TrendLine Failure. Reversion Imminent to POC
Wave of Energy companies coupon payments are due this Friday, April 15th, and the 30th.
HY Credit Spreads will be on watch
A mere 25bps in Dec’15 by the FED rippled fragile markets. Most CentralBanks are in the ZLB or NIRP. IMF,OECD,BIS, and WEF have stark warnings of anemic global growth via Monetary accommodations.
Complete Guide to 1Q16 SPX Valuations
Link-> FactSet Valuations
Margin debt decrease, tightening cycle, flatlined money base, and Wilshire 5000 rounding top. This can’t end well.
Money Base Expansion Causes this->
Descriptive Model: FANGs. Head and Shoulder?
Wait a minute, what happens to cheaper USD narrative?
Insider Sentiment Wanes