Fed's Dovish Double Down Prolongs the Credit Rally

The transcript discusses the significance of negative yielding assets, which have reached $10 trillion, and the market's reaction to this phenomenon. It explores how investors are seeking alternative assets and the impact of central banks' easing policies on risk assets. The discussion also covers the relationship between credit and equity markets, the potential for economic deterioration, and market positioning for potential rate cuts by the Federal Reserve.

In what ways might the credit market signal a downturn in equities?

What concerns are raised about corporate earnings and their effect on credit markets?