Locked up replaces it rots a little. Bit outlines plans to lift its 14 day quarantine for visitors from more than 50 countries. And indias Prime Minister makes a surprise visit to the border region the center of a tense dispute with china. Almost 2 years after journalist Jamal Khashoggi was murdered in istanbul a turkish trial has begun for 20 saudi nationals accused of being involved. As was among those to testify but none of the accused were anywhere near the court and g. s murder inside the saudi consulate provoked outrage around the world and the u. N. Special reportorial who investigated the case says the world must not forget. I call on them to ensure that in the last next session in november that they are far greater International Presence so that we continue to deliver that message to saudi arabia and to the rest of the world that you cannot get away with killing a joint or least and lets not forget that these is a state exec you shouldnt of course we are focusing on individual
Buy. If you look at highly leveraged equity as they are underperforming, yet the fixed Income Credit markets arent really that worried about it. Its a really interesting disconnect and quite unique. On a risk adjustment basis, maybe absolute basis, high yield is looking more attractive. If you start seeing credit spreads widening on a sustained basis, you know you are going to create a feedback loop and head into a recession. We dont think thats a story for the next few quarters. Still looks a long way away and you would normally see credit starting to weaken, starting to widen if we were starting to deteriorate. That is not there at the moment. Full house here in new york city. I want to begin with you. I want to ask you the question of that piece. Equity markets all over the place and yet the junk us jump list why . Either the beginning of the end or credit will come down with it or this is the flash in the pan and there will be a recovery in equity. We believe there will be but the
Its too early to short. If you look at highly leveraged equities, they are underperforming. Yet the fixed Income Credit markets arent really that worried about it. Its a really interesting disconnect and quite unique. Highyield should be compared to equities and somehow made even on an absolute basis, more attractive. If you start seeing lending standards being tightened, credit spreads widening on a sustained basis, you know you are going to create that same feedback loop into equities and you are going to head into a recession. We dont think thats a story for the next few quarters. U. S. Recession still looks a long way away to me and you would normally see credit starting to weaken, starting to widen if we were starting to see deteriorating. That is not there at the moment. A full house in new york city today. Joining me is rachel, cohead of highyield and bank loans at Goldman Sachs asset management. The global blackrock. And head of global bonds for fixed income. I want to begin wi
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Senior teams making decisions about AI should learn how emotion affected the choices of Nokia mobile. We pretend to be rational, but emotion drives many big decisions.