https://www.msn.com/en-us/money/economy/the-credit-market-is...
"The overarching concern on Wall Street is that the exceptionally high valuations for corporate debt are concealing excesses in the market and insufficiently compensating investors for taking risks."
If you look at the reaction to the markets the last two days, it makes no sense, adn this is why. It is just investor insanity out there right now. Gold as well keep breaking record highs at the same time the stock market does. Again, makes no sense, unless you think the market is in a huge bubble.
I will bet there is a dump in bitcoin coming.
Perhaps a little of each
Or, do they know the job report that did not come out this week is horrible and this is the insider pump before the dump? The Shiller price-to-earnings ratio has climbed to 40.08. Insanity like .com bubble.
> Moody's forecast model for recession, which has had zero false positives, now predicts 49% probability of recession.
> Every time that particular model gets over 50 (50%) we've had a recession. And we've never had a false positive. Never has it risen above 50, and we've not gotten a recession.
https://www.moodys.com/web/en/us/insights/podcasts/inside-ec...
Though, personally, I consider the AI trade to be currently deep in the overripe bubble territory.
"Fitch, a credit-rating firm, notes that the consequences of a potential slump have not just grown—they are also no longer constrained to giant investment outfits. Private-credit firms have marketed themselves to smaller investors, including retirement accounts. At the same time, banks and insurers have lent more to them."
In the last 10 hours they've posted 14 different FUD/doomer economy posts to HN. Surely a normal human decides that's how they want to contribute to HN, how to spend their time. By posting negative fear porn articles about the US economy for 10 hours straight.
Another fun game to play is "how many submissions do you have to go back before you find a blatantly pro-China post?". In this case, for OP, the answer is 22. They have 21 posts of US economy fear porn, followed by half a dozen or so pro-China posts within the next dozen submissions.
Totally normal, authentic, human behavior right here. To the top of HN you go!
MangoToupe•41m ago