"Stability leads to instability. The more stable things become and the longer things are stable, the more unstable they will be when the crisis hits."
Hyman Minsky
Monday, October 21, 2019
Quote of the Day
Hold this quote close as you consider the messaging herein of late regarding the under-the-surface pressures we're seeing, particularly in the corporate debt market, and as the equity market meanders its way further into history's longest expansion:
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