Forecasters are pointing to warning signs that suggest the market could be headed for another sharp drop, such as waning momentum and options activity.
Fear of rising defaults is spreading from the leveraged loan market to some of the retail funds that ultimately buy the debt as investors get choosier about taking on credit risk.
The result is a notable divergence. Investors who focus only on equity indices may miss the subtle, underlying pressures accumulating in the credit market. Ignoring these early warning signs can ...
Arthur Hayes says Bitcoin’s price drop shows a credit crunch may be on the way.