Happy? Global Equities Erase Losses for Year as Fed Prints Markets Into Larger Asset Bubbles (Green Corporate Bonds Outperform General Corporate Bonds)

from Confounded Interest


Global stocks have erased their losses for the year.

[…] Of course, The Federal Reserve and other central banks have been printing the night away particularly since Covid blasted markets.

[…] What happens if The Fed and other central banks stop printing? Happy becomes unhappy if the massive bubble bursts.

At least we are seeing green corporate bonds outperforming the aggregate corporate bonds index in the US as well as Europe.

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