April 2020

The tenor of my recent posts to subscribers has been mostly about the real world economic outcomes being worse than anticipated. Today's data flow is no different. Earlier today, I talked about the abysmal PMI numbers in Europe and the…

Twelve years I have been at this for 12 years now. It seems remarkable that I have been writing this site, Credit Writedowns, for that long because I can remember the early days like they were yesterday. I was thinking about this fact -…

The eye of this economic and healthcare storm has passed over us and we are just now getting hit with the backside of the storm. And so, as I await the initial jobless claims report at 8:30 Am EDT, the question is: how bad will it be? But…