contagion – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

The potentially widening EM crisis and Turkey’s alliance with Russia and China

Italy means risk-off yes, but contagion will remain limited

How would markets deal with a Petrobras default?

Some thoughts on Ukraine, part 2

The Chinese credit crisis gets messy

Transmission mechanisms from the slowing in China

More on the move to safe havens and contagion in high yield

On Fed tapering, policy co-ordination and emerging market risk

On the need for Spain to formally apply for an OMT-style bailout

Spain’s nationalisation plan won’t work as the banking system is insolvent