anyway. is this a couple of isolated cases or the start of sending broader? it still seems more isolated. clearly the tax package will create winners and losers. tax reform has to happen. if it doesn t happen, it gets ugly. everything gets ugly very fast. it is no longer agreement for credit markets. it is more yellow. there are still some companies with decent fundamentals, but there is a lot of sectors or more sectors under pressure. you re not getting paid an awful lot. avenue as an investor yet to be careful. these days when the markets rollover it feels volatility needs to rise. my concern is what if the a goes to 260? that could be an genuine competitor to the credit market. that is where i think the bleed could be more systemic. the 800 pound gorilla is whether or not this build of a corporate leverage which we have seen over the past few years is sustainable or does it lead to something less benign? jonathan: we have a full house in new york city tod
anyway. is this a couple of isolated cases or the start of sending of something broader? it still seems more isolated. clearly the tax package will create winners and losers. tax reform has to happen. if it doesn t happen, it gets ugly. stock markets good ugly. stock markets get ugly. everything gets ugly very fast. it is no longer agreement for credit markets. it is more yellow. there are still some companies with decent fundamentals but there is a lot of sectors or more sectors under pressure. you re not getting paid an awful lot. as an investor you have to be careful. these days when the markets rollover it feels volatility needs to rise. my concern is what if the market goes to 260? that could be interesting. that is a genuine competitor to the credit market. that is where i think the bleed could be more systemic. the 800 pound gorilla is whether or not this build up of a corporate leverage which we have seen over the past few years is sustainable or doe
is this a couple of isolated cases or the start of something broader? right now it still seems more isolated. clearly the tax package will create winners and losers. tax reform has to happen. if it doesn t happen, it gets ugly. stock markets get ugly. everything gets ugly very fast. it is no longer agreement for a green light, for credit markets. it is more yellow. there are still some companies with decent fundamentals but there is a lot of sectors or more sectors under pressure. you re not getting paid an awful lot. as an investor you have to be careful. buying quality. these days when the markets rollover it feels volatility needs to rise. maybe that is what we are seeing. my concern is what if the market goes to 260? that could be interesting. that is a genuine competitor to the credit market. that is where i think the bleed could be more systemic. the 800 pound gorilla is whether or not this build up of a corporate leverage which we have seen over the pas
is this a couple of isolated cases or the start of something broader? right now, it still seems more isolated. clearly the tax package will create winners and losers. tax reform has to happen. if it doesn t happen, it gets ugly. stock markets get ugly. everything gets ugly very fast. it is no longer a green light, for credit markets. it is more yellow. there are still some companies with decent fundamentals but there is a lot of sectors or more sectors under pressure. you re not getting paid an awful lot. as an investor you have to be careful. buying quality. these days when the markets rollover it feels volatility needs to rise. maybe that is what we are seeing. my concern is what if the ten-year goes to 260? that could be interesting. that is a genuine competitor to the credit market. that is where i think the bleed could be more systemic. the 800 pound gorilla is whether or not this build up of a corporate leverage which we have seen over the past few years i
is this a couple of isolated cases or the start of something broader? it still seems more isolated. clearly the tax package will create winners and losers. tax reform has to happen. if it doesn t happen, it gets ugly. stock markets get ugly. everything gets ugly very fast. it is no longer agreement for credit markets. it is more yellow. there are still some companies with decent fundamentals but there is a lot of sectors or more sectors under pressure. you re not getting paid an awful lot. as an investor you have to be careful. these days when the markets rollover it feels volatility needs to rise. my concern is what if the market goes to 260? that could be interesting. that is a genuine competitor to the credit market. that is where i think the bleed could be more systemic. the 800 pound gorilla is whether or not this build up of a corporate leverage which we have seen over the past few that is a genuine competitor to years is sustainable or does it lead to som