(1) High Yield Is Worth A Look (4 min read) Moody’s latest default rate outlook suggests high yield is a buy given the current level of spreads. John Tierney points out that this scenario does, however, depend on a continued economic recovery.
(John Tierney│ 24th September, 2020)
(2) Can The Recovery Continue Without New Relief? (3 min read) A run-down of the extraordinarily high US savings rates could sustain the US recovery without further relief, writes Dominique Dwor-Frecaut. Market concerns over the lack of new budget could therefore be overdone.
(Dominique Dwor-Frecaut│ 24th September, 2020)
Should I be worried about the stock market correction? (JP Asset Management, 2 min read)
U.S. Stock Performance During Past Presidential Elections (Janus Henderson, 4 min read)
Fiscal, Not Monetary, to Determine Europe’s Inflation Path Ahead (Pimco, 3 min read)
Election 2020: What happens if we don’t know the results for a while? (Invesco, 3 min read)
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