美银：The Flow Show-Krunchy Kredit

Accessible version 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 The Flow Show Krunchy Kredit Scores on the Doors: gold 45.4%, bitcoin 28.7%, international stocks 24.6%, US stocks 14.2%, IG bonds 9.9%, HY bonds 9.6%, govt bonds 7.3%, commodities 3.5%, cash 3.3%, US dollar -9.8%, oil -15.4% YTD. Zeitgeist: "These credit cracks a big deal, but not big enough to put top in right now." The Price is Right: each of past 5 months monthly low for S&P 500 printed on 1st trading day of month…first time this has happened since 1928. T ...