IG Credit Potpourri: BBB Apocalypse Update And A Liquidity Check
A lot of ad hoc musings here cobbled together and submitted for your approval.
Category: investment grade
What Are Stocks And Other Assets Saying About The Odds Of A US Recession?
Remember: anything is better than Larry Kudlow’s “models”.
bonds commodities credit dollar europe eurostoxx FX hang seng high yield investment grade kospi Markets nikkei oil S&P 500 shanghai composite stocks yen
Requiem For 2018: A Visual Retrospective
At least we know what 2019’s consensus longs are.
Fear And The Market’s Perverse Fascination With Calamity
Fear is self-reinforcing.
Veteran Trader: ‘Credit Spreads Are All That Matter’
“Or have we reached that ‘obscene point’ where it makes sense to take out some blue tickets?”
Junk ETFs Stress Tested, Reflation Bled Dry And Other Thoughts As Things Go From Bad To Worse
A visual (and narrative) odyssey.
Here’s The Latest On The Fallen Angel Story…
It’s “barely started”.
As Chanos Warns On ‘Fragility’, Goldman Tells You Where The Tail Risks Are
Putting some nuance on Jim’s “fragility” warning and “chasing tail” with Goldman.
‘When The Largest ETF Buyer Exits, Nobody Wants To Catch A Falling Knife’
This is such a familiar refrain that it wouldn’t even bear mentioning at this point were it not for the fact that it’s now reversing – with entirely predictable consequences.
Goldman: ‘The Tide Has Shifted’ In Credit Markets And Here’s Why…
“Three factors have driven this shift.”
Jeff Gundlach Is ‘Amazed’ At How ‘Copacetic’ Markets Are About Coming Credit Apocalypse
“Stay out of investment grade bonds.”
The Press Knows What Will Cause The Next Crisis, And It’s Corporate Debt
“For financial journalists, pinpointing the source of the next meltdown is no easy task. The ones who did so pre-2008 were few.”
