On the day Kern County reported the highest number of cases of its new coronavirus, several measures designed by the Board of Supervisors for long-term management of COVID-19 illness were extended. Kern County is once again finding itself as a coronavirus hotspot. Matt Constantan, director of public health services, said …
Read More »Can the Fed tame an avalanche of corporate distress? Bond investors are betting on it
The Federal Reserve has shown that it knows how to maintain the flow of credit during a crisis. But bond investors now also expect the Fed’s unprecedented stimulus in financial markets to change the course of the credit cycle – that is, preventing more companies from falling than expected just …
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