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TME Weekend: Extremely many "extremes"

Bull markets in extremes

Yes, you can always find a bear market in something and you can always find extreme observations / charts / data-points. But we wonder if we right now are witnessing an extreme amount of these extremes - and especially so considering the relatively low equity volatility. Below is a total random list of current extremes. Presented without analysis or conclusion.

Lowest ever money supply growth

U.S. and ECB M2 money supply growth rates have fallen to their lowest year-over-year levels ever recorded.

Source: State Street

Downside protection has never* been cheaper

Source: BofA

Mortgage rates highest in 23 years

Source: bankrate.com

Debt ATH

US net interest payments highest since 1999

Source: Jefferies

Bond vigilante extreme

Source: Bloomberg

Companies with negative earnings

Source: Apollo

European beats: Lowest in 5 years

Europe all time high discount

Source: Bernstein

All-time-low in HY issuance

Source: Dealogic

Tech valuations at "crazy" Covid highs

Source: New Edge