With the powers that be getting the Fed to mark there books (yes this is illegal), mark-to-high yield spread could go over 1000, but it's not gravity and us vs .the Fed. The cash flow says it all, and I think from this point ther eis a big opportunity to short junk and also long gold in this current part fo the cycle.
13:39:58 (UTC)
Thu Jun 4, 2020