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Early Morning with Dave
Corporate Credit Outlook Deteriorates

Corporate Credit Outlook Deteriorates

Financing gap widens as the outlook for credit spreads sours

David Rosenberg's avatar
David Rosenberg
Dec 08, 2023
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Early Morning with Dave
Early Morning with Dave
Corporate Credit Outlook Deteriorates
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Highlights

• Oil is on track for its longest losing streak since 2018

• Bulls outnumber bears two-to-one in a sign of stretched sentiment

• Challenger data shows services sector labor market softening

• Financing gap widens as the outlook for credit spreads sours

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