Corporate Bonds Tell A Scary Story For The Stock Market

Corporate Bonds Tell A Scary Story For The Stock Market by Evergreen Gavekal Blog “The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.” – Renowned MIT Economics Professor Rudi Dornbusch EVA Summary In the spirit of Halloween, this month’s Guest EVA features a spooky Poltergeist-themed article from former Fed insider, Danielle DiMartino Booth. In her letter, Danielle warns that signs of stress are starting to show in the $200-plus trillion corporate bond market and the conditions are now in place for the next corporate default cycle (which is…