The new cautiously optimistic Credit Writedowns in 2020

I have been trying to write an all-encompassing post for the new year for two weeks now. But time has never allowed it. So I've decided to forego that and get something out to you on what I am thinking as 2020 begins.

First and foremost, let me say that I hope this post is emblematic of how 2020 will proceed. It's not going to be all-encompassing. But, I…