Cult of Personality with Terry Duffy of CME Group
RiskReversal Pod
00:00
I'm in Total Agreement With You for Sure, Danny
Danny Cevallos: I think a lot of times people see the market go higher over the course of the last couple of weeks and they incorrectly think, and then again, I'm not casting a spursions here, but they think everything must be solved because the stock market's going higher. But the problems are still there. One of the problems of manifesting itself in terms of corporate debt is now north of a trillion dollars. He says HYG has been the instrument we said to watch as we're sitting here today. It's probably trading 74. The low we saw on that was 7050,. LQD, probably trading on 105. And it hasn't cracked yet.
Play episode from 16:09
Transcript
