Policy Failure, Ammo Shortages And The ‘Who Pays For It?’ Problem
Some fresh color on familiar topics.
Category: credit
Long Live The Zombies
“The dark side of stimulus.”
‘A Rising Dollar Is The Canary’
“Investors should keep a close eye on this.”
One Bank Marvels At ‘Eye-Watering’ Grab For Yield As New Issue Demand Hits Record
“Whatever it takes”, I suppose.
There Are No More High-Speed Collisions, Only ‘Parking Accidents’
Does corporate leverage pose a systemic risk? Some perspective…
‘Global Recession’ Now Highest Conviction Worry Since ‘Populism’ Ca. 2017
…among European credit investors, that is.
Hypothetical ‘$2 Trillion Disasters’ And What Not…
There’s some hyperbole going on here…
One Bank Marvels At ‘The Strongest Reach-For-Yield Tailwind Since The GFC’
“Who would imagine that 2019 Q1 would have been the strongest quarter since the global financial crisis.”
The Bad News Is, ‘The Next Recession Could See The Third-Worst Spread Peak In History’
The good news is, it won’t be because of defaults.
For US Credit Investors, The ‘Sum Of All Concerns’ Just Hit A Five-Year Low – Just Don’t Tell Anyone In Europe
“…most concerns have declined notably.”
The Obvious Trade Won’t Be The Right One When It Comes To The BBB Problem, Trader Says
“I think the obvious trade (shorting LQD) will not be a money maker.”
Cov-Lite Reality Check: An Update On The Leveraged Loan ‘Bubble’
Any takers on a leveraged loan story?
As Greed Returns, Remember: ‘Strong Rallies Should Lead To Less, Not More Optimism’
“…sometimes you are compensated for this skewed perception and other times you are not.”
Is Direct Lending The Next Subprime? Goldman Says Probably Not
Another “some worry” story.