https://www.forbes.com/sites/mayrarodriguezvalladares/2019/07/25/u-s-corporate-debt-continues-to-rise-as-do-problem-leveraged-loans/ total US corporate debt is $15.5 trillion, 74% of US GDP. It is no wonder then that the International Institute of Finance in its Global Debt Monitor, has an ‘amber light for the U.S. corporate sector.’ U.S. corporate debt growing has been growing above trend, fueled by an increase in bank lending “adding to worries about vulnerabilities in the corporate sector.” This represents a rise of 52% from its last peak the third quarter of 2008, when corporate debt was at $6.6 trillion, about 44% of 2008 GDP.
Market moves are all engineered by market makers. The only reason for euphoria in the markets is because they wanted it that way, so they can easily sell out their inventory of stocks to those who are buying the fake news. All economical statistics are a bluff. Eventually when market makers distribute their inventory of stocks the markets have no other way but to drop. Remember market makers are the strong hands and we are weak hands.