Share 'Elliott Wave Theorist’s Steve Hochberg recently wrote this:'
Elliott Wave Theorist’s Steve Hochberg recently wrote this:
“As the bear market progresses, U.S. junk bond yields will eventually resemble China’s junk bond yields as world credit evaporates. The contagion will then spread to higher-grade credits. It’s how bear markets operate.”
My take: He could be correct, because he sure doesn’t know how a bull market operates.
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