Category Archives: Credit

Can Bonds Tell Us Something About the Stock Market?

I was visiting with the head of fixed income at a large asset manager when I mentioned the subject of my last post, the deterioration of corporate credit in some sectors.  He noted that Baa bond spreads had been rising for … Continue reading

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Um Outro Gol Contra (Another Own Goal)

You might think the Petrobras scandal is bad enough, but Brazil has another self inflicted and serious issue that is going to be a drag on growth for years to come. It is known that China held off the effects of the … Continue reading

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