It’s the economy, stupid!
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Emerging Markets

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