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Lisa Abramowicz
lisaabramowicz1
Investors pulled more than $1 billion yesterday from the biggest junk-bond ETF, BlackRock's $27.8 billion fund that trades as $HYG. It's the biggest daily withdrawal since February, and one of
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The Fed's unprecedented move to buy junk debt highlights how much the financial system has changed since 2008, with risk moving away from banks & into the shadow banking system.
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Many dismissed yesterday's negative oil prices on the May WTI contract as an aberration, forced selling on an expiring derivative, a U.S. problem as storage capacity fills up in that
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I’m struck by the massive gap between those who foresee significant inflation and those who expect historic deflation. There seem to be more in the deflation camp right now:https://twitter.com/raoulgmi/status/1246046159573069825 The
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