3 Charts Every Investor Must See

Yesterday Jeff Gundlach gave another terrific presentation on the markets. There were three charts, in particular, that really stood out to me.

The first shows the recent trend in junk bond issuance. Since 2009, it has just surged to levels never before seen, both nominally and as a percent of GDP:

Screen Shot 2016-01-13 at 10.46.31 AM

The second chart shows a new rising trend in companies that are losing money and how default rates typically follow suit:

Screen Shot 2016-01-13 at 10.49.41 AM

Finally, these trends are important because, as I’ve been writing for months now, the credit markets typically lead both the economy and the stock market.

Screen Shot 2016-01-13 at 10.48.24 AM

‘The bigger they come, the harder they fall?’


The Greatest Money Manager Alive Attributes The Majority His Success To Just This One Thing

Why You Should Be Worried About The Junk Bond Rout