FINRA HY minus IG spreads were quiescent for most of 2018 while other market prices were showing growing alarm, the crisis of late 2018 – early 2019 actually began in May and not October as we were led to believe, FINRA spreads heading into October were actually trending DOWN. 
Paul Schulte has had a career in equity research which spans 22 years on both the buy and sell sides covering the Asian and emerging markets. He also has 5 years of government policy experience in emerging markets. He has been frequently ranked in top-five…read more
