On the positive side for credit markets, there is
a healthy economic backdrop, ample interest coverage for debt service, and strong demand.
Given
this healthy economic backdrop, the risk is whether inflation starts to heats up faster than the Fed projects.
Not exact matches
«Starts are being boosted by a relatively firm
economic backdrop,
healthy population growth and past gains in pre-construction sales in Toronto,» Sondhi wrote in a report.
It cited Jeff Gundlach's opinion (I agree with for the most part) who said «when copper is rising and gold is falling, the
economic backdrop is relatively
healthy and inflation may soon follow.»
Although the
economic growth outlook remains
healthy, the valuation
backdrop in many sectors is far less compelling than it has been in years.
«By contrast, states with moderately priced areas that have experienced
healthy job creation are seeing sales gains - the
economic backdrop remains favorable for the housing market, which is helping home sales to level out.»