Asset bubbles form, remember, when greed overwhelms fear. It’s a truism that bad loans are made in good times when lenders relax their standards.
In a year filled with poor economic data, trade headwinds and Brexit worries, equities are ending on a high note, leaving all predictions in the dust.
Gundlach isn't buying the Fed's reasoning behind the rate spike. Treasury bill issuance and maturity is widely known information on Wall Street.
Congress voted this week for a $1.9 trillion tax and spending deal, over a quarter of which was added to our $23 trillion national debt.