This Alarming Indicator Is Back At A Level Last Seen 10 Days Before The Bear Stearns Collapse
by Tyler Durden
ZeroHedge.com
08/14/2015
One of the most disturbing and recurring themes highlighted on this site over the past year has been the ever greater disconnect between the worlds of equity and fixed income, whether in terms of implied volatility, or actual underlying risk. It turns out there is be an even more acute, and far more concering divergence, which was conveniently pointed out overnight by Bank of America and which suggests that a Bear Stearns type event may be just a few days ahead.
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