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The Risk-free Rate Rally (II)

The Risk-free Rate Rally (II)

In a world where a drop in US treasury rates to record lows and growing probabilities surrounding even more “unconventional” monetary gymnastics in Japan – rumored to be toying with “Helicopter money” – we find an “insatiable appetite for yield.” […]

Morgan Stanley: Credit Risks Are Rising

Morgan Stanley: Credit Risks Are Rising

The credit cycle has turned, and fundamental risks are material, that’s according to Morgan Stanley’s July 1 report on the credit sector. Back in October 2015, Morgan Stanley published a detailed research report on the state of the US credit […]

China: A Transition Well Underway – Matthews Asia

China: A Transition Well Underway – Matthews Asia

China: A Transition Well Underway by Andy Rothman, Matthews Asia China’s first half macroeconomic data supports our view that the country is in the midst of a successful transition from a high-speed, heavy industry-based economy to a consumer and services-based economy, […]

STMP – Long Case

STMP – Long Case

Stamps.com ( STMP )  – Long Case by Copperfield Research We have known Stamps.com ( STMP )  for many years and have spent considerable time understanding the hot button issues that have surfaced over the last week. We know Capital […]