The High-Yield Blowup

There is one thing that always happens before a major recession.

It happened before the recession in the late ‘80s … before the dot-com bust … and even before the financial crisis of 2007 to 2009.

The problem is, it’s happening right now: The high-yield market is blowing up.

That’s why James Dale Davidson covers, in great detail, when you should expect the next recession.

We also discuss:

  • A metamessage worth digging into.
  • How the Fed is looking at the wrong data.
  • And why the Chinese government is making an awful agricultural move.

To listen to the latest call, go here.

If you’d rather read a written transcript of the recording, you can access it here.

Finally, if you have any questions or comments you’d like us to address on a future call, just send an email to

Take care,

Charles Del Valle
Editor, Strategic Investment