How the COVID-19 Shock Is Different
Looking at COIVD-19 impacts.
Read more...Looking at COIVD-19 impacts.
Read more...So many coronavirus panics that a looming risk is getting little notice: implosion of Italy’s banks, a potential Credit Anstalt event.
Read more...Yesterday’s oil price downdraft, if not meaningfully reversed, will create a world of hurt among US producers, most of all shale gas players.
Read more...Coronavirus infects Mr. Market.
Read more...The coronavirus spread is setting up a nasty real economy-financial system contraction.
Read more...The concern is not for banks or investors in subprime-credit-card backed securities. But what does this bifurcation tell us about consumers?
Read more...How hidden foreign exchange swaps contribute to financial fragility.
Read more...Nearly a quarter of all subprime auto loans are 90+ days delinquent. Why?
Read more...Identifying likely economic road kill from the coronavirus outbreak.
Read more...Fed tightening is no longer needed to create recessions, given fragile credit structures and a growing pandemic out of China.
Read more...Michael Husdon reviews the key themes of his recent book, ……and Forgive Them Their Debts, and discusses German austerity.
Read more...Yet more official hand-wringing about interest rates…when they aren’t the core economic problem.
Read more...Shed a crocodile tear for investors in student loans: they are sometimes discomfited by short-lived downgrades when loan maturities are pushed out.
Read more...Yves here. I’m clearly not in touch. I am surprised that this finding, that credit booms predict equity busts, is novel. Of course, given that manias last way longer than cooler heads deem possible, judging the peak of a credit cycle is tricky business. Nevertheless, when a wee summer associate at bond trading powerhouse Salomon […]
Read more...Haven’t we already seen this movie? Race to the bottom in gaming credit ratings agencies for commercial real estate Collateralized Loan Obligation deals.
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