A hub for independent voices and hard truths
Google is selling 100 year debt byu/donopumpi inwallstreetbets BREAKING: Google $GOOG to issue a rare 100-year bond as part of a $20 billion multi-currency debt sale, aimed at funding AI infrastructure. This marks the first such long-term tech issuance since …
Authored by Charles Hugh-Smith via oftwominds, Confidence / complacency doesn’t map the real world, in which liquidity dries up and markets go bidless. When Alan Greenspan issued his mea culpa in late 2013 about missing the subprime mortgage implosion and the …
Corporate bonds outstanding >$10T. Primary dealer inventory $33B -not a liquid market. When credit markets quiet & calm, it gives impression liquidity's fine, but if many want to sell, liquidity disappears. Even in quiet markets, finding a bond can take …