ADAM TOOZE

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Despite massive Fed intervention, Fallen angel volumes (investment-grade corporate debt downgraded to junk) are now higher than in 2009. Data

October 25, 2020

Despite massive Fed intervention, Fallen angel volumes (investment-grade corporate debt downgraded to junk) are now higher than in 2009.
Data from
@SoberLook https://t.co/gtzEyBtSDv

By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys

June 28, 2022

By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from

Though the trend is pessimistic, we are still a LONG WAY from the Bloomberg consensus forecast predicting a recession in

June 28, 2022

Though the trend is pessimistic, we are still a LONG WAY from the Bloomberg consensus forecast predicting a recession in the US in 2023. thedailyshot.com/2022/06/28/bus…

Oil demand in 2021, though higher than in 2020 and helping to drive the price surge, was still considerably below

June 28, 2022

Oil demand in 2021, though higher than in 2020 and helping to drive the price surge, was still considerably below pre COVID trend at the