March 8, 2015
Bonds: How firm a foundation?
Companies issued $1.43tn of corporate bonds in the US last year, 27 per cent more than was sold in 2007 at the height of the credit bubble.
Building prosperity castles in the sand, baby. That's what I'm talking about.
Q1 GDP Tracking: Movin' on Up
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From BofA:
Since our update last week, *1Q GDP tracking is up two-tenths to 2.1% q/q
saar*. [Apr 19th estimate]
emphasis added
From Goldman:
We left ou...
3 hours ago
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