Bite size updates on soaring global debt levels, anecdotes of yield chasing and the LIC/LIT fee battle.
Credit
Credit Snapshots – December 2019
Bite size updates on Paul Volcker’s legacy, European banks and UK fund lock ups.
Credit Snapshots – November 2019
Bite size updates on emerging market debt, US auto loans and Virgin Australia’s very junky debt raising.
Credit Snapshots – October 2019
Bite size updates on leveraged loans, Greece’s non-performing loan securitisation and India’s bad debts.
BB’s are the new BBB’s
With the drop in overnight rates and credit spreads, credit investors are having to take far more risk to earn the same return
Credit Snapshots – March 2019
Bite size updates on the RBA’s responsibility for bubbly house prices and Greece’s rating upgrade and bond issuance.
Credit Snapshots – November 2018
Bite size updates on the Australian Business Securitisation Fund, securitisation downgrade risks, TLAC and Deutsche Bank
How a “Bear” Outperforms in a Rising Market
How is it possible that a “bear” can position their portfolios for the likelihood of a credit downturn and continue to outperform?