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Weekend:
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From CNBC: Pre-Market Dat...
2022-01-27
Credit Risk Hasn't Joined the Bears Yet
Stocks decline with every uptick in credit risk. Credit risk is still at the lows. Thhe sell-off to this point is related to excess equity valuations/speculative bubbles. The Fed hasn't hiked yet, the 10-yaer is still very low in historical context. Assuming a capitualtion event in the days or weeks ahead doesn't kick off a credit event, it will be similar to the tech crash in March and April 2000. The appetizer for the bear market.
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