Credit Writedowns
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Some thoughts on the bullish narrative
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The real economy and equity market mania
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Positive sentiment, the oil price rally and re-opening
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Social unrest, economic fundamentals and the liquidity-driven rally
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The three crises facing the United States
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The Escalating New Cold War
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Predicting post-coronavirus outcomes
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What about the virus?
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Re-calibrating forecasts and relative value in a post-lockdown world
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Policy errors during a balance sheet recession and 25% unemployment
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