Trade War Easing, Wide Spreads Aid Credit Outlook: Credit Crunch

Description

Credit recovered from the tariff rout as the trade war eased, with deals across US, China and the UK, while the new government takes shape in Germany and rate cuts priced for central banks — especially the ECB and BOE — adding momentum. The big question is whether this strength will continue? In this episode of our Credit Crunch podcast, Mahesh Bhimalingam, Bloomberg Intelligence’s global head of credit strategy spoke to Head of Credit LDI at Generali Asset Management Amir Fergani to discuss a range of topics. These ranged from tariffs, fiscal policies, German and French politics and their effect on inflation, growth and central-bank policy, the dollar weakness and its impact on global credit, and the challenges of taking a directional view after big rates moves. .