New data from Goldman Sachs suggests that the amount of debt issued by undead companies in the junk-bond market actually fell in 2020.
Debt investors are beginning to differentiate between energy firms that are more or less polluting in a potentially meaningful way.
Even in crypto where huge drawdowns are the norm, 100% washouts in a single day are extremely rare.
The market for furry friends has been hounded by a supply-demand shock that’s now resulting in a kind of bull(dog)whip effect.
Analysts are collecting retail trading data, which they say can act as a leading indicator for stock gains.