(1) James Bond and Jerome Powell. (2) The Fed created and exacerbated the zombie problem. (3) The IMF wrote the script for the current version of “Zombie Apocalypse.” (4) Fed recognized that half of investment-grade bonds were BBB. (5) Fed is now scrambling to save them from Zombieland. (6) Powell saw the problem coming and made it worse. (7) T-Fed’s spiffy new SPVs. (8) Fed sets up two homeless shelters for corporate bonds, including the “fallen angels.” (9) Saudi prince gets a new French palace. (10) Pelosi: “Let them eat ice cream.” (11) Industry analysts scrambling to cut their earnings forecasts. (12) Can FAANGMs lead the way higher?
End of free preview
Ed's complete analysis, every chart linked, and the archive back to 2009.
Individual investor? Ed's QuickTakes are available for personal use at yardeniquicktakes.com →