Already have an account? log in
This article is FREE for you
Create a free account and join institutional investors, analysts and strategists from the world's largest banks
By submitting your email address you agree to receive communication by email
Macro Tourist, Bill Dudley Think Carl Icahn May (Eventually) Be Right On Corporate Debt ‘Time Bomb’
Read more from The Macro Tourist
I rarely follow former FOMC Board Members as too often their "p
OR, subscribe now for unlimited access
By submitting your email address you agree to receive communication by email
By submitting your email address you agree to receive communication by email
Very helpful information and insight here, Kevin. Thank you. For those of us who are limited to Bloomberg and (much worse) CNBC for perspective, your writings (and Walt’s writings) are extremely useful. My regards.
So one moral of the story is stretch out your maturities while you still can.
(BTW, AAA issuers are practically an extinct species.)
Yeah, this is for sure a (too?) scary scenario, but in a rigged financial world, I would not be surprised if we have some serious market interferrence, what will stop the FED to target junk bonds financing to protect the jobs of the american people ?