Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The monthly monitor is teetering on the edge of the market’s cliff. The mildly bullish reading has worrisome characteristics. Measures of investor risk appetite have narrowed. Credit spreads have become inconclusive while the debt markets have begun to face rising defaults on corporate and commercial real estate loans.
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