Credit Benchmark CCI data on the credit quality of US, UK, and EU Industrial companies has been cited by John Authers in his Bloomberg ‘Points of Return’ column. He writes:
In credit as in stocks, the good news from the fight against the virus has created a level of justified optimism. The current direction of travel seems to be justified. What remains far harder to discern is whether the incredible valuations of both credit and equity can possibly be sustained if central bank support were to be removed.
Bloomberg, May 24, 2021.
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