high yield – Page 2 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Judging the state of the economy amid the coronavirus pandemic

Financial crisis must be averted as financial panic takes hold

Coronavirus now causing rapid tightening of financial conditions

BBB fallen angels and fake ETF liquidity

Some soft US data doesn’t yet mean recession

Expect a dovish hold from the Fed despite the jobs report

US economic outlook mixed as manufacturing continues to slow

Positive thoughts on my return from Germany and London

Surging markets, low volatility, and fake liquidity

ECB’s reversal, covenant lite vulnerability, and delinquent mortgages