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Recession-Hard/Soft Landing

US Consumer Confidence Falls By Most In 3 Years…
RBA Uninvited To The Global Easing Party…
Early Signs Of A Global Growth Relapse In September…
The PBoC Unleashes Policy Blitz…
Is Brazil’s Rate Hike Warranted…

We update our corporate default rate model and consider the implications for corporate bond spreads.

DM Growth Slows Further In September…
China Needs Fiscal, Not Monetary Easing…
High Bar For ECB Cut In October…
Unsustainable DAX Outperformance…