- First Word
Equities arguably priced yield curve inversion + 4 other "wall of worries" --> Previous "recession scares": 8 of 9 times, Technology leads = FAANG
- Signal from Noise
Talk of a BBB Bond Market Implosion Overdone
I admit to being old enough to know there was a time when General Electric’s (GE) corporate bonds were highly rated instead of living at the bottom of the investment grade (IG) rating scale—among the BBBs—as is the case now. Equity investors might not be aware that the U.S. BBB...
- Tom Lee's Equity Strategy
Message From A Representative of the Silent Bullish Majority
I recently had lunch with a good friend and former J.P. Morgan colleague and among the many things we chatted about was that we agreed that it somehow seems many more "parties" are cheering for economic gloom/recession. Moreover, this has come up in more than a few conversations with our...