Credit Writedowns
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Credit Writedowns
Goodbye to Credit Writedowns
Risks to growth and inflation helping keep long rates down
What’s your model on how real GDP grows durably?
How to think about the GameStop saga
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The pandemic, gamma squeezes and intergenerational conflict
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Three yield curve outcomes and grey swans
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The reflation trade and three yield curve outcomes
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Jump in initial claims to 965,000
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Some thoughts on this latest wave of coronavirus
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Job losses may be the norm for a few months
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Hope and Risk
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ADP data point to downside economic risk in US
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Happy new year 2021
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