News Failure (guest: Jason Shapiro)
The Market Huddle
00:00
The Strength of the Stock Market
The general level of interest rates has been rising, which has made the tide recede and almost all bonds have been weakening. We literally have the credit spreads under 4% down to three 83. Investment grade bonds 91% of them are trading below the price apart. The market could still go and double top retest its highs or create something because you would think that there would be more warning signs of deterioration in spaces like this.
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Transcript
