Warning Signs 04 (Jul 23 - Dec 26)

[winston]

Credit Spreads Spike to a Year-Plus High

by Brett Eversole

The spike we’ve seen in recent weeks is a bad sign. It’s a clear red light for investors and the economy.

The high-yield spread was at roughly 3.1 on March 24. It has since spiked above 4. And it peaked above 4.6 on April 7, after Trump announced his new global tariff policies.

The good news is, spreads have fallen from their recent peak. That means we could end up shrugging off this current bout of pessimism. But if the spread spikes again from here, economic turmoil could easily follow.

Either way, the bond market is worried… And that’s worth paying attention to.

Source: DailyWealth.com

https://dailytradealert.com/2025/04/25/ ... plus-high/

[winston]

One chart shows tariffs are already slowing economic activity

Incoming shipments to the Port of Los Angeles are expected to be roughly 36% lower than the previous year in the week ending May 10.

Source: Yahoo Finance

https://finance.yahoo.com/news/one-char ... 5920839559