JPMorgan Strategist Sees Early Signs of Credit-Market Stress
- Coronavirus hits credit, funding markets, Panigirtzoglou says
- Oil race to bottom adds to credit risks, Nordea analysts write
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Fallout from the spreading coronavirus may be starting to affect credit and funding markets, according to JPMorgan Chase & Co.
Supply-chain disruptions and a demand shock caused by the virus could already be causing cash-flow problems for businesses, JPMorgan strategist Nikolaos Panigirtzoglou wrote in a note Friday. That’s probably even more true for smaller companies and those in sectors like travel and lodging, he said.