Highlights
- The credit market is about to close for a few weeks for the annual Thanksgiving siesta
- The seasonal lack of liquidity may make stocks more volatile, and possibly produce a panicky blowoff low in stock prices given the type of equity investor that has been selling recently
- Indications are that the annual December corporate bond issuance surge will be a success, and will provide fuel to return stock prices to their highs once equity investor selling has crested
Sign up to access the rest of this content!
This content is not available to free users. Sign up for a paid account to access the rest of this content.