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High Yield Credit Risk Explodes To Its Highest Since June 2013
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Right now, Yellen is stumbling along the Fed’s hallway with her skirt tucked into the diaper and a 3-foot-long toilet paper stuck to the shoe: “I’m gonna announce a Hyper-QE and a hike in September”. ;-)
Looney
Credit risk should have exploded a long time ago......................welcome to La La land
Deliberate Planned Collapse of Pension Funds is at Hand:
http://winteractionables.com/?p=24267
I'm holding onto my small underwater long SPY from Friday afternoon. Bullard will come out naked on a unicorn that eats bad debt and shits skittles and Yellen will be over 200 West in her helicopter.
i even own some of dat chit and i still think it's funny
It would be funny if QE4 were announced and it was the Fed buying junk bonds.
Is this where institutions go bankrupt in a matter of a weekend?
This ship cannot sink! (There's no risk of default!)
I assure you she can. She is made of iron.
https://www.youtube.com/watch?v=OuSdU8tbcHY
OT: gold/Silver ratio is now just hit 79. The most distorted I ever remember it was only one more point at 80. Stupid for a mined ratio of 10:1 its Ttme for me to get to the LCS and sell a few gold coins and buy a few rolls of silver ones, Ill trade back latter.
i don't know.... the stock to flow ratio should be promoting silver prices ...especially with the base metal production dropping .....i think it's sentiment for gold thats lifting it .....but silver will probably catch up in the fullness of time ...you may have something there.
yes but I admit my timeline borders on like forever compared to most people. Hence the trade. Im off to town.
Collapse of state and local pension systems so they can Federalize them.Federal gov. is all about control from the second your born to the minute the Death Panel says your time is up.