Monday, November 13, 2017

Junk Bonds Collapsed, Diverging From Dow - Another Canary In The Coal Mine?

Junk Bonds and Stocks are usually positively correlated, or move in the same direction, because Junk Bonds are considered a proxy for risk appetite in the market. It started to diverge in late October. Is it another canary in the coal mine - an ominous sign of an impending market correction coming?

All posts and charts are for educational and illustration purposes only

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.