FlowBank

1212 days ago

Follow the leader: central banks keep buying assets so investors are too

Central Banks Step Up $5.6 Trillion Bond Binge Despite Doubts.

#Bonds #Macro
Follow the leader: central banks keep buying assets and so investors are too

1212 days ago

How does the equity allocation look like?

Unsurprisingly, there is a strong likelihood that investors orient themselves towards stocks as cash and bonds offer very low yields.

#Stocks #Bonds
equity allocation

1213 days ago

Valuations have never been this high with rates this low

US cycle-adjusted P/E and nominal 10-year yield put together show we are in an anomaly 

#Stocks #Bonds
Valuations have never been this high with rates this low

1213 days ago

Did smart money get dumb? or market correction coming?

There is a widening divergence between SMFI and the Dow Jones Industrial average. How do they converge?

#Bonds
Did smart money get dumb? or market correction coming?

1214 days ago

Goldman sees more Chinese Bond Defaults

Beijing is trying to break the implicit government guarantee and moral hazard of debt without triggering systemic and contagion risks. The net effect of this "credit cleanup" strategy will be more onshore defaults next year and more differentiation among weak and strong borrowers, according to Goldman. Their strategists expect the pace of new defaults to revert to the levels of 2018 and 2019, when there was an average of three to four new defaults a month. For the offshore market, strategists expect the pace of defaults to moderate because there was less forbearance this year, predicting that the high-yield default rate will drop to 4.3% next year from 4.9% this year - www.zerohedge.com 

#Bonds
China monthly defaults
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