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Bloomberg Markets Special Simulcast Day One
Bloomberg Businessweek
Is There a Debt Dislocation in 2022?
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If you start to see a slowing down of the economy, financial stress, even a moderate to become more normalized, that could have dampening effect on lower quality equities. Economic growth could provide perhaps, perhaps a head wind for equity performance in assessing what's going on with fiscal policy. We're not predicting a credit dislocation over all. That we're not, is not on our now, inour or focus. But you did have a substantial amount of credit creation, not only on the corporate side, but also on the government side.
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