The Credit Writedowns Newsletter

Share this post
The post-coronavirus corporate earnings reports have begun
pro.creditwritedowns.com

The post-coronavirus corporate earnings reports have begun

Edward Harrison
Apr 15, 2020
1
Share this post
The post-coronavirus corporate earnings reports have begun
pro.creditwritedowns.com

We are now getting the first data points which will inform the increasing disconnect between a rebound in shares and the freefall in the real economy. And, after yesterday's rally in share prices, we are seeing a risk-off tone to the market today, on the back of a freefall in WTI oil prices below $20 a barrel. 

I want to get back to oil later. But, bank …

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2022 Global Macro Advisors
Privacy ∙ Terms ∙ Collection notice
Publish on Substack Get the app
Substack is the home for great writing