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investment grade S&P 500

Want An Early Warning When The Cycle Turns? Ask Credit, Not Stocks

Stocks will sleep walk right off a cliff...

For those of you interested in getting a heads up before the proverbial sh*t hits the fan, look to credit spreads, because if the last two crashes are any indication, stocks will sleep walk right off the cliff (note that the right scale is inverted)…

credit

(Morgan Stanley)

 

 

 

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