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Goldman Sachs Sees ‘Uncomfortable Tension’ in Credit Markets

Robust demand from pensions and insurance companies will support corporate debt through macroeconomic headwinds and record supply, according to Goldman Sachs. “Spreads are tight to the prewar levels when the facts on the ground have unquestionably become more challenging,” Amanda ...  Show more

Veteran ABS Investor Sees ‘Max Uncertainty With Max Complacency’

Bad software loans will cause credit-market trouble that recalls aspects of the global financial crisis, according to American Century Investments. “We call it max uncertainty with max complacency,” says Paul Norris, referring to tight credit spreads, in this episode of the Credi ...  Show more

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ConocoPhillips to Acquire Marathon Oil in $17 Billion Deal
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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Anchor Alix Steel reports on ConocoPhillips agreeing to acquire Marathon Oil in an all-stock deal valuing the company at about $17 billion, extending a major buying spree among the largest player ...  Show more

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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News International Economics & Policy Correspondent Michael McKee reports on Federal Reserve officials earlier this month coalescing around a desire to hold interest rates higher for longer and “many” ...  Show more

Understanding the Collapse of Sam Bankman-Fried's Crypto Empire
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The collapse of the Sam Bankman-Fried empire is gigantic, sprawling and fast moving. While details are still coming out, it already ranks among the most prominent corporate disasters of all time and has left the entire crypto community reeling. To better understand the role that ...  Show more

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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Economics Editor Molly Smith and Bloomberg News Rates Reporter Michael Mackenzie break down news that US retail sales barely rose in May and prior months were revised lower, pointing to greater f ...  Show more