Pusillanimous Powell Channels Bernanke: “Subprime Debt Is Contained”

 · Powell Channels Bernanke: “Subprime Debt Is Contained” R emember, in 2007, Ben Bernanke gave two speeches in which he made a critical assessment of the “sub-prime” mortgage market. “At this juncture, however, the impact on the broader economy and financial markets of the problems in the sub-prime market seems likely to be contained.”

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Powell channels bernanke: ‘subprime debt Is Contained’.

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Powell Channels Bernanke: “Subprime Debt Is Contained” May 30, 2019 by Lance Roberts I recently discussed one of the biggest potential “flash points” for the financial markets today – corporate debt.

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Overview: After significant moves in equities and interest rates, investors are taking a collective breath, waiting for fresh developments. A nervous calm has settled over the capital market. china, Japan, and Australian equities leaked lower, but other bourses in the region, including Korea and taiwan posted modest gains, while Indonesian equities are still responding positively to the recent.

Powell Channels Bernanke: Subprime Debt Is Contained’ – In public discussion of this issue, views seem to range from "This is a rerun of the subprime mortgage crisis" to "Nothing to worry about here." At the moment, the truth is likely somewhere in the.