Market Recap 2018/11/28

Fed: Expect 2-3 hikes in 2019 Few believe the leveraged loans today would set off a crisis, since they focus on a smaller part of the economy rather than sprawling the housing mkt in 2008 The total leverage loan market is now doubled what is was in 2008, around 59% of them are junk loans. Central bank has been paying attention to elevated loans this year. Powell said: we have our eyes on that. Mnuchin inquires about whether fed could tighten policy by accelerating its balance sheeting shrinkage process rather than raising rates. Trade war: Trump and Xi agree to … Continue reading Market Recap 2018/11/28