"The overarching concern on Wall Street is that the exceptionally high valuations for corporate debt are concealing excesses in the market and insufficiently compensating investors for taking risks."
If you look at the reaction to the markets the last two days, it makes no sense, adn this is why. It is just investor insanity out there right now. Gold as well keep breaking record highs at the same time the stock market does. Again, makes no sense, unless you think the market is in a huge bubble.
"Fitch, a credit-rating firm, notes that the consequences of a potential slump have not just grown—they are also no longer constrained to giant investment outfits. Private-credit firms have marketed themselves to smaller investors, including retirement accounts. At the same time, banks and insurers have lent more to them."
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[ 3.0 ms ] story [ 25.1 ms ] threadhttps://www.msn.com/en-us/money/economy/the-credit-market-is...
"The overarching concern on Wall Street is that the exceptionally high valuations for corporate debt are concealing excesses in the market and insufficiently compensating investors for taking risks."
If you look at the reaction to the markets the last two days, it makes no sense, adn this is why. It is just investor insanity out there right now. Gold as well keep breaking record highs at the same time the stock market does. Again, makes no sense, unless you think the market is in a huge bubble.
I will bet there is a dump in bitcoin coming.
"Fitch, a credit-rating firm, notes that the consequences of a potential slump have not just grown—they are also no longer constrained to giant investment outfits. Private-credit firms have marketed themselves to smaller investors, including retirement accounts. At the same time, banks and insurers have lent more to them."