Pricing in Negative Rates?, Unchartered Waters, and Surprise Forbearance.
A slew of policymakers have come out against the idea of negative rates in the past couple of days but the President likes the idea. We take a closer look at whether negative rates would do more harm than good to the U.S. Plus, the Fed is boldly going where it’s never gone before….the ETF market, specifically corporate bond ETFs. We’ll look at why this could help brighten economic prospects not just for Wall Street. And, the Cares Act encouraged mortgage servicers to give forbearance to anyone immediately, no questions asked. Turns out, they may have taken that guideline a little too far. We’ll tell you why. Learn more about your ad choices. Visit megaphone.fm/adchoices