Unhedged podcast: Where’s the recession?
Life and Art from FT Weekend
00:00
The Mixed Data Point
The big mixed data point is credit conditions, our banks going to keep lending. There's a similar sort of dynamic playing out in the corporate bond markets. Investors are looking for anything with a bit of yield. They'll give you a relatively easy shake here. If there is anything funky about your business, if your rating has been cut, they won't buy it.
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