In other matters, there were two articles about risks in the credit markets that caught my eye this weekend.
These *could be* stories spread by market operators who are hoping for turmoil in the junk bond markets.
Or on the other hand this could be signs of something which some have feared would be approaching, as we seem to keep repeating the behaviours that prompted the last two financial crises this century.
The truth is hard to discern these days— it has few friends, and even fewer willing to stand for it.
Nevertheless, I thought it would be appropriate to bring them to your attention, for what it is worth.
Greenwich Time, A New Credit Bubble Gets Ready to Burst, May 31, 2019
The Street, U.S. Officials Meet in Secret Over Junk-Loan Frenzy as Recession Alarms Flash, June 1, 2019
