Relevant and even prescient commentary on news, politics and the economy.

The Coming Wave of Debt Restructurings

by Joseph Joyce The Coming Wave of Debt Restructurings The news that the Federal Reserve will raise interest rates in 2022 sooner than anticipated was not surprising in view of the continued high rates of U.S. inflation. While U.S. asset prices are falling in response to the prospect of higher rates as well as a […]