monetary policy – Page 3 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

How markets will behave given central banks are still too tight

The Fed is reacting to slowing global growth, not asset markets

Powell’s Mao Moment

Central banks are still too tight

China’s slowdown and emerging consensus for global recession

The border wall and the Fed’s reaction function

Despite perception Powell was dovish, the yield curve remains super-inverted

The yield curve is now super-inverted

More on the steepening yield curve and deteriorating credit conditions

The Fed acts as Credit Writedowns predicted. Here’s why and what to expect