Maybe, Just Maybe, the Virus Woes Have Peaked
Commonwealth’s McMillan sees encouraging pandemic data, and thinks the recovery can continue.
Commonwealth’s McMillan sees encouraging pandemic data, and thinks the recovery can continue.
Hedge fund honcho thinks dragged-out economic recovery will harm high-debt companies.
Unlikely. Here’s why, despite all that federal money sloshing around in the system, price rises should stay tame.
US businesses that lack the income to pay their huge debt service, kept alive by more borrowing, are on shaky ground, Deutsche Bank Securities’ Sløk warns.
MBS, which got flattened in March, are on the mend, but some warning signs linger. Like, what if the recession caves the housing market?
Some bonds may be beyond hope, and once the central bank’s backstop ends, there goes the artificial price support.
Portent: Chinese consumers remain fearful about going out after lockdown lifted, ex-Morgan Stanley honcho Roach warns.