World’s Biggest Ever Junk Bond Bubble in Pictures: What Hath Draghi Wrought?

In regards to ECB QE bond purchases, inquiring minds may be asking: What hath ECB president Mario Draghi wrought? I can explain in one picture.The answer in words: The world’s biggest junk bond bubble. I prefer gold. On August 4, I commented on the Bubblicious Debate: Greenspan Says “Bond B...

World’s Biggest Ever Junk Bond Bubble in Pictures: What Hath Draghi Wrought?