Economic growth and corporate insolvencies normally track each other closely in the Euro Area. In 2020 no longer. As @MESandbu asks: how long can this last?
ft.com/content/f8396e…
Another worry from @ecb FSR I discussed for @socialeurope
socialeurope.eu/light-in-the-t… https://t.co/Hq1TqLHRh3
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