Open-ended mutual funds invested in higher yielding but illiquid corporate bonds, whilst offering same day redemption are a big run risk! In March 2020 the panic arrived. Part I of a new series here:
adamtooze.substack.com/p/chartbook-ne…
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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,…