OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Taking the special to Pain City

Posted by ipso facto @ 15:53 on February 1, 2016  

Back before everyone became a junk bond expert, we repeatedly showed what in our opinion was the scariest chart for not only the US, but global stock markets: the unprecedented divergence between the stocks and junk bonds, suggesting that if the recent past is prologue, then the S&P 500 is in for a world of pain as it tracks HY credit far lower.



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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.