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WSJ hubber, former bond reporter

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@CynthiaLin_DJ — 992 followers, 1,300 tweets

Goldman: Since the 1990s, below-50 ISM readings have preceded a recession only 30% of the time.
Credit-rating competition was supposed to counteract overly optimistic appraisals. Instead, rate inflation is back, as issuers cherry-pick ratings.  https://www.wsj.com/articles/inflated-bond-ratings-helped-spur-the-financial-crisis-theyre-back-11565194951?shareToken=st3315d70dedef4db1b40ab1e45bf505d6  via @WSJ
Natixis: "The Fed is going to cut rates next week. This would be just seven months from the December tightening. While this may appear to some to be a noticeable pivot, it is right in line with the historical average."
Federal Reserve officials signaled they are ready to cut interest rates by a quarter-percentage point at their coming meeting, while indicating the potential for additional reductions  https://www.wsj.com/articles/fed-officials-signal-quarter-point-rate-cut-likely-at-july-meeting-11563559491?shareToken=stdecd756e6d804a8cb9eb770a81b07d8f  via @WSJ
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