The Federal Open Market Committee raised rates for the second time this year, raising the band to 1.75/2.00%. The FED has also upped its optimism for the growing economy forcing many to believe we will see 2 more 25bp hikes […]
The percentage of leveraged loans outstanding is borderline insanity, but then again, who’s looking?
Last Friday the U.S. Labor Debt. reported the economy added 223k jobs in May, which was higher than the forecast amount of 190k. The unemployment rate fell to 3.8% the lowest since 1969, even hourly earnings rose to annual rate […]
Nothing more wets the contrarian investors’ appetite then when these 3 little letters start making their rounds around the financial sphere. What three letters you ask? “CDS”, Some of you novices might not be old enough to remember the damage […]