We don’t want to sound like a broken record, but …
Category: investment grade
“Spillover”
If you were following along last week (well, I guess technically it’s still “this” week,
“Has The Whole World Gone Crazy?!” Part Deux
For the hundredth time: “What do rates know that credit doesn’t?”
Stocks May Be Asleep, But Credit Is Passed The F*ck Out
Morgan Stanley has been warning about richness in credit for months and I’ve often cited their analysis in my own posts. Indeed I’ve said repeatedly that when it comes to tranquil markets and rampant complacency, there’s no asset class that looks more dangerous than credit.
Asleep At The Wheel: “Clients Are Asking If Our Models Are Updating Properly”
Assuming this “asleep at the wheel” dynamic can’t persist for much longer, spreads have to either compress further or blow out. Which do you think is more likely?
Is Anyone Home Out There? Please Tell Me How This Ends Well
You know, when it comes to the corporate bond market and liquidity, there’s only so
Performance Anxiety
“If there is such a thing as a ‘Holy Grail’ in the credit market anno 2017 then surely the no-cost decompression trade is it – the trade that performs, if spreads widen, but doesn’t cost a bundle of carry if they don’t.”
Want An Early Warning When The Cycle Turns? Ask Credit, Not Stocks
Stocks will sleep walk right off a cliff…
Is The Cycle Turning? One Bank Says Not Yet
I’ve talked a ton about the credit cycle and, more specifically, about why there’s likely
Remember: “Fake It ‘Til You Make It” Doesn’t Work For Sales
The great thing about the bottom line is that you can “fake it ’til you
“This Is Not Sustainable”: Reversing The “Constant” Drop In Yields
Sh*t, we started in risk-free government bonds and before you knew it, we were the proud owners of diluted shares in a cash flow negative shale producer.
“Time To Get Creative”: This Isn’t The Place For Joe ETF
With spreads having come in as much as they have, there’s not much left for average investors.
You must be logged in to post a comment.