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Cory’s Chart Corner
Great chart from @crescatkevin on growing delta between CCCs and BBBs. Carry-on as if everything is normal!
Kevin C. Smith, CFA @crescatkevinThe second indicator is widening CCC vs. BBB credit spreads.
Credit markets are generally quicker to pick up on deteriorating corporate cash flows than equity markets. While the S&P 500 Index has been hitting new all-time highs over the past six months, US triple-C credit_________________________
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Category Archives: Main Page
Beware the risk-sellers
The financial sector profits most when people buy into inflation fears and the riskiest asset classes. It is important for those of us with capital to understand why the relentless risk-sales pitch is generally contrary to our best interests. Especially … Continue reading
Truth about ‘investing’
The segment below offers some real talk about the madness that passed as investing savvy in Canadian real estate over the last decade. Until the ‘easy money’ tide goes out, most have no idea how ill-advised and self-destructive their behaviours … Continue reading
Iran war killed housing recovery
The housing cycle was starting to stabilize. Then the Iran War caused higher oil prices, a surge in inflation, and higher mortgage rates. Here is a direct video link. CMHC Mortgage Survey: Renewals Hurt, Default Fears Fall. The Bank of … Continue reading
