3 Things in Credit: December 17, 2021

In this week's episode, KBRA Chief Strategist Van Hesser discusses: Linear thinkers. The crowd that believes the recovery will be a straight line based on past experience runs the risk of pushing the Fed into a recession-producing policy error. We’ll explain. Geopolitical hot spots. As the Biden administration focuses internally on navigating America’s toxic politics, the likelihood of flare-ups increases. We’ll tell you what we’re watching. Corporate earnings are forecast to rise 9% year-over-year in 2022. Is the backdrop to getting there as benign as it needs to be?