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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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…