US CMBS forbearance levels ... clear pattern showing where distress/dislocation is greatest
US household debt levels may be a major factor determining GDP growth over the next few years ...
Upside risk?
Now that's what I call a policy boost ...
These numbers are pretty huge ... and politicians always like to leave the fiscal boost on the table for a little longer ... which makes life hard for a central bank with an inflation target ...
The history of UST/yield curve catalysing corrections ...
Remarkable chart ... worth a look to see what is driving this ...
Big differences in sales across different 'types' of retail ....
Great chart ... absolutely to the point ... it is hard to have distress if you don’t first have significant price dislocation...
USD ... driven by shape of the curve
