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The new issue calendar had dried up for all kinds of issuers, ... But now, the corporate calendar is building again.

William Sullivan

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The new issue calendar had dried up for all kinds of issuers. But now, the corporate calendar is building again.
— William Sullivan
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Corporate bonds are filling the void, to some degree. But this does not pave the way to a rally in bonds.
— William Sullivan
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Because of that we cannot issue a building permit.
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Front-loading the calendar with new caucuses would make the process narrower and less democratic, and it would be a huge setback to Democrats' efforts to carry Iowa and New Hampshire in the future.
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A lot can be determined by the choices we make, even if the action is initiated by self-preservation. Many ... no, most ... of our choices are driven by fear: fear of death, fear of humiliation, fear of loneliness. But it's how we respond to fear that matters. It's what defines us. What makes us who we are. So maybe in your mind you acted selfishly, but I'm alive because of the choice you made. So I'll remember it as an act of kindness and yes, even bravery.
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