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Edward Dowd, founding partner at OceanSquare Asset Mgmt, observes that the bond market will slow down companies as financing profitless expansion becomes prohibitively expensive due to widening spreads.
He also remarks on regulatory developments, noting that presenting regulation under the pretense of safety can be a strategic move, potentially leading to an industry licensing cartel.
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Dowd has previously commented on structural challenges in major economies, arguing that China cannot rely on exports to resolve its current economic problems. He has also discussed governance issues in the financial sector, noting the federal investigation of Guggenheim CEO Mark Walter and an associated margin call. These observations reflect Dowd’s continued focus on transparency and sustainability in global markets.