This is a bull market for stocks. If you're not making money in this environment, then you should probably reevaluate your strategies.
I know for a fact that I've witnessed individuals, who are clearly mentally ill, fight this historic rally pretending that there's some kind of epic credit crisis coming any day now (for over 2 years lol).
Whether it's fake breadth deterioration, or the "yen carry trade", or lies about Gold sending some kind of warning, or the Fed ruining everything, or small-caps underperforming, or Trump and his Magas.
It's always something.
These people will make up anything in their heads, no matter how outrageous, in order to justify poor decisions. Their egos are too fragile.
Good.
It might be a little sad to have to watch them ruin their lives. But it's great for us who recognize their vulnerabilities and have chosen to just profit from it all instead.
You see, when I hear credit crisis, I naturally look at credit spreads to see what's going on.
The answer is: NOTHING.
Still nothing...
Credit spreads are as tight as they've been this entire bull market: