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Joe Weisenthal: Le Spread widens and Cac-40 drops 1.11 percent

Joe Weisenthal: Le Spread widens and Cac-40 drops 1.11 percent
Le Spread widens as Cac-40 declines

Le Spread has moved outside its recent range, and the Cac-40 index declined by 1.11 percent today.

Joe Weisenthal reported these developments in a recent update.

Weisenthal has previously highlighted large credit losses, noting that PIMCO is facing an 85 percent loss on a AAA-related Philadelphia office bond. In a separate update, he reported that skepticism continues around the AI trade even as stocks reach record highs. These reports reflect ongoing coverage of notable developments across asset classes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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