Larry Kudlow repeated a familiar talking point on Sunday: The US economic recovery doesn’t depend on another fiscal stimulus package. Despite the administration’s desire to
Day: October 11, 2020
Cash Quandary And The Risk Of ‘A Typical Downward Spiral’
Blue-chip US corporates may end up borrowing as much as $2 trillion in 2020, an unprecedented haul in an unprecedented year. Management teams took advantage
$2 Trillion In A Pandemic? Corporate America’s 2020 Debt Binge Has No Precedent
No, really. “Investors really can’t get enough high-grade corporate bonds,” Bloomberg’s James Crombie wrote late last week, just hours before the latest Lipper data showed
Earnings Season Is Here
Assuming market participants can somehow focus on corporate fundamentals amid what is sure to be a deafening cacophony of stimulus soundbites and election jostling, earnings