Junk bonds held steady yesterday and spreads narrowed further.
This is NOT the kind of action we see when stocks are about to go down in a big way. Supports your call for a final stock market rally before the sh..t really hits the fan.
“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi