The Daily Shot Brief – October 13th, 2017

Greetings, Global developments: Global earnings growth has been relatively synchronized.   The United States: The hurricanes’ impact on the US initial unemployment claims has not been as bad as some had feared.   Europe: The Eurozone industrial production continues to improve, exceeding economists’ forecasts.   China: The 10yr government bond yield is hovering just below …

The Daily Shot Brief – October 12th, 2017

Greetings,   Credit: Puerto Rico’s general obligation debt took another leg down. Here are the updated Moody’s ratings for each state’s general obligation debt. Europe: The Catalonia jitters had generated record levels of trading in Spanish government bonds. But the concerns appear to be easing now as the bond curve flattens (investors roll into longer …

The Daily Shot Brief – October 9th, 2017

Greetings,   Credit: The “quality” of the HY corporate debt market (based on the ratings composition) has improved since the financial crisis. Investment-grade debt quality, however, has deteriorated.   Japan: Analysts say that Japanese shares look attractive. But some investors a nervous, given the BoJ’s deep involvement in the market.   Alternatives: Private equity investors …