There have been corporate defaults in Asia since 2015-2016. This looks more like a soft landing at this point, unless Powell decides to keep tightening. But all

There have been corporate defaults in Asia since 2015-2016. This looks more like a soft landing at this point, unless Powell decides to keep tightening. But all signs point to this rate-raising cycle being over, and in anticipation of that, financial conditions have already substantially eased just in the last couple of months.