Daily Archives: February 7, 2023

So far in 2023, value-indiscriminate buyers are still pounding into the riskiest low-yielding assets with wild abandon. Take BBB-rated bonds-whose credit quality is just one level above “junk.” At past cycle bottoms (attractive investment opportunities), the US Fed had raised … Continue reading →

It’s not all rosy in the months ahead – a recession is probably coming, and those tend to hurt: David Rosenberg, Rosenberg Research. Here is a direct video link.