Don't Fool Yourself: Higher Rates WILL Bring Pain To The Credit Markets | Alf Peccatiello

Beware the Lag Effect

DEADLINE: Thoughtful Money’s conference on 3.16.24 is only a few days aways — so register now!!

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Since the October lows, stocks have roared back to record highs, and bonds have risen solidly as US 10yr Treasury yields have dropped from 5% to near 4%.

Will the bull run continue through the rest of 2024?

It is an election year in America after all.

Or, have the animal spirits carried assets to unsustainable prices, putting us in danger of a painful sell-off?

To find out, we have the good fortune to hear from macro & bond expert Alf Peccatiello of The Macro Compass.

He predicts that the higher cost of debt brought on by today’s “higher for longer” interest rates will indeed start causing many over-leveraged companies to start buckling as $2+ trillion in US corporate debt matures between now and end of 2025.

In other words, the Lag Effect is finally starting to arrive.

To see Alf’s charts explaining why, click here or on the image below:

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REMINDER: Thoughtful Money’s conference on 3.16.24 is now just a few days away — so register now!!

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