There are some interesting accounting problems on the horizon for a lot of publicly held companies.
While they have benefited from the declining interest rate paradigm since 1980, if the bottom is really “in” on rates, any sudden moves could send corporate balance sheets seriously “out of whack” in a heartbeat.
The result of that would be? Well, let’s just say “Not pretty…”
That said, we have a HUGE development which I’ll explain in the ChartPack section.
No fake news here, but we do note the date and how a more-than-ample supply is probably available.