Credit Edge: Crossmark Says Markets Are Too Complacent

Credit Edge
Crossmark Says Markets Are Too Complacent
Investors are too sanguine about the outlook after shrugging off recent debt market distress, according to Crossmark Global Investments. “My key concern is the complacency,” Victoria Fernandez, the firm’s chief market strategist, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Jean-Yves Coupin in the latest episode of the Credit Edge podcast. “Jamie Dimon talks about the cockroaches, but the investors don’t seem to care,” says Fernandez. We also discuss opportunity and risk in the build out of AI infrastructure, health-care bond spreads, private credit troubles and performance of values-based investments.
Oct 30, 2025