Has The Market Become Blind To Risk? | Lance Roberts & Adam Taggart
- Forfatter
- Afsnit
- 224
- Udgivet
- 30. nov. 2024
- Forlag
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- 224 of 500
- Længde
- 1T 42M
- Sprog
- Engelsk
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- Kategori
- Økonomi & Business
Credit spreads are about the tightest they've ever been in history. High yield (aka "junk") debt is priced at very low premium to US Treasury debt, the safest asset in the world
That says the bond market is just not worried about risk.
So either, "everything truly is awesome"...or the market is mis-pricing risk here, perhaps dangerously so.
Whether or not that's the case, it's highly unlikely those expecting a material downwards market correction will see one until credit spreads start widening. Which is why monitoring them closely is such a high priority.
Portfolio manager Lance Roberts and I discuss the importance of credit spreads, the new inflation & jobs data, bond yields, the latest technical analysis for stocks, as well as Lance's firm's recent trades.
For everything that mattered to markets this week, watch this Weekly Recap.
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#creditspreads #inflation #interestrates
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