3 Things in Credit: October 29, 2021

In this week's episode, KBRA Chief Strategist Van Hesser discusses: 1. Uncertainty reigns. The common thread running through our recent webinar was one of uncertainty—something underweighted in credit markets today. 2. General Electric (GE) is making progress in its restructuring, and its commitment to deleveraging is sensible. But a challenging environment is not making GE’s transition an easy one. 3. Consumer malaise—it’s a corrosive condition that is showing up more and more in the Great Deceleration.