Default swaps on Big Tech quadrupled, and five canaries in the coal mine | Market Hang

A surge protector plugged into itself | Market Hang Weekly trading in credit default swaps on Big Tech debt went from under $2 billion in July to more than $9 billion in September, because protection is now cheaper than buying puts. Jen Saarbach opens on that, then the producer puts the same question to everyone: what is your canary in the coal mine? Amy Wu Silverman of RBC says the market has simply been lucky on correlation. Kevin Mahn of Hennion & Walsh watches the Strait of Hormuz and memory chips. Drew Pettit of Roundhill says the warning sign is the day investors decide stocks look cheap. Plus utilities as a backdoor AI trade, and Netfl (Source: Yahoo Finance | Region: New York, USA)