The divergence between HY debt and stocks is bullish. Remember @fundstrat's second General Principle: Equities are Junior in the Capital Structure (Bonds lead stocks) Check out our FSI Academy Guide on our 7 principles below: fsinsight.com/academy

Thomas (Tom) Lee (not the drummer) @fundstrat · Nov 21, 2022

Good stuff - credit leads equities cc: @chris_fundstrat

Tweet Nov 21, 2022

by Christopher Robb

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