The Daily Shot Brief – June 23rd, 2020



United States: Mortgage forbearance requests have slowed.

Source: Mortgage Bankers Association


Eurozone: Lufthansa bonds tumbled after Thiele’s threat to block the rescue plan because it dilutes current shareholders (see story).

Source: @Schuldensuehner; Further reading


China: The PBoC has emphasized long-term liquidity injections this year.

Source: ANZ Research


Equities: Large firms are sitting on a great deal of cash.

Source: @WSJ; Read full article


Credit: High yield debt issuance this month has been unprecedented.

Source: LCD/S&P Global Market Intelligence


Food For Thought: The structure of CEO compensation:

Source: @WSJ; Read full article

Edited by Daniel Moskovits

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