It’s the economy, stupid!

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

It’s the economy, stupid!

Volatility and negativity are back in credit land. The banking crisis might be over — perhaps — but what bankers refer to as “the real economy” is in all sorts of trouble. The two monoline insurers downgraded last week, Ambac and MBIA, which trade upfront, are now 10 percentage points wider since the action.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article