Will December 2019 gift us a Santa Claus rally?

There are still few signs of recession but there is a slowdown going on. The Fed continues its repo program and the bulls are seeing nothing but blue skies even as the DJI has hit another milestone at 28,000. Our “chart of the week” looks at...

Will December 2019 gift us a Santa Claus rally?
There are still few signs of recession but there is a slowdown going on. The Fed continues its repo program and the bulls are seeing nothing but blue skies even as the DJI has hit another milestone at 28,000. Our “chart of the week” looks at what could be the end of the credit cycle as corporate debt to GDP is at an all-time high. So are many stock markets.