Written each week by Lou Barnes in Boulder, CO. Inconsistently available online. Reprinted with permission. Lou typically provides background and context to what's happening in the credit/bond world along with commentary on topical events that some readers appreciate.
Note: In the Subject Line, I have replaced Credit News with Commentary because I think it better describes the content of Lou's weekly missive.
Fridays used to be so simple. Just recite economic data, note shifts from forecasts and in public policy, explain the implications for interest rates, credit, and housing, needle a few politicians in each party, and enjoy the weekend.
The Colorado Covid pattern is spreading across the country. We detect here a couple of hundred new cases daily, undoubtedly an undercount of the asymptomatic, but roughly 10,500 total new cases found in August resulted in only 104 deaths, and dwindling.