bill dudley carl icahn credit Macro Tourist Markets

Macro Tourist, Bill Dudley Think Carl Icahn May (Eventually) Be Right On Corporate Debt ‘Time Bomb’

"Although I have no idea of the timing, as this cycle continues, I am getting more sympathetic to the idea credit is a time bomb."

"Although I have no idea of the timing, as this cycle continues, I am getting more sympathetic to the idea credit is a time bomb."
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3 comments on “Macro Tourist, Bill Dudley Think Carl Icahn May (Eventually) Be Right On Corporate Debt ‘Time Bomb’

  1. 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.

  2. So one moral of the story is stretch out your maturities while you still can.

    (BTW, AAA issuers are practically an extinct species.)

  3. 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 ?

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