Do you think regulations today are tight enough to prevent another crisis? The financial system is filled with constant and never-ending risk. When a crisis occurs and the risk is
Interesting tid-bit from the article: “The riskiest category of borrowers has never been more leveraged. Companies with junk credit ratings are holding a record low $8 of debt for every
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Still dreaming in la-la-land. High-grade corporate bonds are “gradually” – the key word in everything the Fed says – and reluctantly coming to grips with the
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Fed will keep tightening until these junk bonds buckle. High-grade corporate bonds have had a hard time. Yields have surged as prices have fallen. The S&P