US High Yield CCC-and-lower-rated bonds, the junkiest of junk, currently have a default rate of 41.3%! And yet folks are still rummaging around for yield. @PictetWM via @SoberLook https://t.co/xvgpSPGIgE
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…