Archive for August 5th, 2009

C.M.O. 8.5.2009

Wednesday, August 5th, 2009

Credit Market Overview
August 5, 2009
The economic news recently: GDP, car sales, ISM etc. continue to redefine “less bad” and in some cases might have morphed into what might next be called “almost, maybe, possibly, slightly good” although I hesitate to inject too much optimism into the interpretation.
CDS spreads and the stock market have responded with… »

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