"One thorn of experience is worth a whole wilderness of warning." - James Russell Lowell, American poet.
Please find below a great guest post from our good friends at Rcube Global Asset Management. In this post our friends go through the growing divergence in the US between credit and equities:
Major equity / Credit divergences should always be taken very seriously.
They were among the best forward looking indicators at almost every major turning point for equities over the last 20 years.
"History is a vast early warning system." - Norman Cousins, American author