Copious Corporate Cash May Not Be So Great, After All
Touted as a bulwark against recession, it could draw down quickly—and it is concentrated at a few big companies.
Touted as a bulwark against recession, it could draw down quickly—and it is concentrated at a few big companies.
Noah Weisberger, with PGIM, lays out three scenarios for how Fed and fiscal policy could change the way bonds act to hedge equity risk.