u/Ancient_Sort5820
You asked for sources, earlier today I wasn't at desktop sorry.
**TL;DR - Credit spigot is wide open, conditions loose. With money printer back on, acceleration and higher Fed balance sheet expansion coming soon, likely no end to the party for a long time.** SPX 7500 by EOY as a bare minimum.
Lending soaring:
https://fred.stlouisfed.org/graph/fredgraph.png?g=1RxwN&height=490
Corporate issuance records:
https://www.bloomberg.com/news/articles/2026-01-29/us-high-grade-bond-sales-top-200-billion-in-record-yearly-start
https://www.bloomberg.com/news/articles/2026-02-02/global-bond-sales-reach-1-trillion-at-their-fastest-pace-ever
Record breaking AI debt issuance:
https://www.mellon.com/insights/insights-articles/record-breaking-ai-related-debt-issuance-in-2025.html
Financial conditions continue 3+ years trend of loosening:
https://i.imgur.com/zQzK2x2.png
Excess reserves (liquidity) are steadily rising again:
https://fred.stlouisfed.org/graph/fredgraph.png?g=1PdMc&height=490
Repo markets calming down:
https://fred.stlouisfed.org/graph/fredgraph.png?g=1PdMg&height=490
Spreads ultra tight:
https://fred.stlouisfed.org/graph/fredgraph.png?g=1PdMD&height=490
Yup.
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