3 Things in Credit: January 21, 2022

In this week's episode, KBRA Chief Strategist Van Hesser discusses: Big bank earnings. All of the attention was directed at expense growth, which ignores a remarkable development that is far more important to creditors. Recession risk. It’s back on our radar, and history tells us it needs to be on yours. The energy transition. Spiking oil prices are one sign that this is not likely to be a smooth one.