Markets – Page 4 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Worries about a retail investor-led speculative mania

Positive sentiment, the oil price rally and re-opening

Social unrest, economic fundamentals and the liquidity-driven rally

Re-calibrating forecasts and relative value in a post-lockdown world

Reality is setting in, but only slowly

Yesterday marked the end of US energy independence

The post-coronavirus corporate earnings reports have begun

The Fed crosses a Rubicon of credit easing by buying junk debt

Bringing a demand-side bazooka to a party with no supply

Are equities bottoming?