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Credit Writedowns
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June 2020
Some brief thoughts on the second coronavirus spike and financial markets
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The Fed’s stress tests and severely adverse outcomes
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The reverse-radical and W-shaped recoveries
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Re-opening, the pandemic and a potential double dip
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The coronavirus pandemic is worsening
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Fed asset purchases and Hyman Minsky’s two price system
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The recession is over
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My thoughts on the present re-opening rally hiccup
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This feels like a phase shift
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Some thoughts on the bullish narrative
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