1.The Massive Spike in CORPORATE DEBT with Negative Yields…The Investor World Focused on Negative Sovereign Debt

Negative yields are not confined to just Sovereign debt. The chart below shows there is over $1 trillion in corporate debt with negative yields and growing. This will not end well. hashtag#investing hashtag#markets hashtag#economy hashtag#finances hashtag#hedgefunds

Don A. Steinbrugge, CFA

https://www.linkedin.com/in/donsteinbrugge/

1.NFL Games Make Up 60% of the Top 100 Most Watched Telecasts in a Typical Year.

In the U.S., the NFL rules sports—and television. Its games make up 60% of the top 100 most-watched telecasts in a typical year, and over 70% in years when there are no Olympic Games.

Football Season Is Here and It’s a Key Moment for the Future of TV

• By Jack Hough

https://www.barrons.com/articles/nfl-season-comes-at-key-moment-for-the-future-of-tv-51566605219?mod=past_editions

1.Home Depot on Earnings Call Estimated the Drop in Lumber Prices Cost Them $330m Year over Year.

WOOD-Lumber ETF -30% Off Highs.

1.Investors Forget that 1 Year…The Stock Market is Only Up 2-4%…And the Nasdaq is Trailing S&P

Tech Bubble?

Investors are waiting and investing for a stock market crash but bonds have clobbered stocks 1 year.

www.franklintempleton.com

1.LIBOR-The Most Widely Used Global Benchmark for Short-Term Interest Rates….Rolling Over But Above Lows.

1 Year LIBOR Rate – Historical Chart

Interactive chart of the 12 month LIBOR rate back to 1986. The London Interbank Offered Rate is the average interest rate at which leading banks borrow funds from other banks in the London market. LIBOR is the most widely used global “benchmark” or reference rate for short term interest rates. The current 1 year LIBOR rate as of August 09, 2019 is 1.99%.

https://www.macrotrends.net/2515/1-year-libor-rate-historical-chart

Benchmark for $370 Trillion in Financial Products.