THE EQUITY FUNDING RATE
The 'tourist explains why we should all be monitoring this rate and whether this time might be different...
A year or so ago, some strategists were pounding the table about the risks in the “equity funding market.” In the MacroTourist chat, one of the regular contributors asked my opinion about the dangers these folks highlighted. I outlined my views in the Private Feed Recap of that day, but I thought it would be constructive to explore this part of the fina…