As measured by the SD of GDP we are still very much in the era of the GREAT MODERATION.
@SoberLook https://t.co/fi4qqODMHe
Between March 2020 and March 2021, Fitch, a ratings agency, downgraded 460 firms, or almost 20% of its corporate bond
September 26, 2021
Between March 2020 and March 2021, Fitch, a ratings agency, downgraded 460 firms, or almost 20% of its corporate bond portfolio. But corporate debt seems