Argentina is a deadbeat borrower that will probably default again, but there’s a high probability lenders will be back anyway
There is no free lunch, Keynesian responses do provide short term stimulus but place an anchor on future economic growth.
Eviction moratoriums are supposed to help poorer citizens, but in the long term they result in rental accommodation being more expensive.
If you venture off the well trodden pathways, there’s always something interesting happening in debt markets.
It doesn’t take a default for Austria’s recently issued century bond to trade at the same price as Argentina’s defaulted debt.
The insolvency of Wirecard has made many look foolish, but short sellers and a journalist had been on the case for years
Are claims that CLOs will bring down American banks another “Big Short” or merely a beat-up?
Retail investors piling into shares of bankrupt companies is a sure sign this isn’t a typical stock market rally