Equity Fund Flows Cycle, Credit and Government Bond
Equity Fund Flows Cycle, Credit and Government Bond Chart suggesting that the equity fund flows cycle has entered its last phase. Image: Goldman Sachs Global Investment Research
Keyword: credit
High Yield Credit Returns
High-Yield Credit Returns A good year for high-yield credit returns, but Moody’s has warned that high-yield bonds appear to be expensive relative to fundamentals. Image: Financial Times
Reserve Bank Credit, Treasury Securities and MBS
Reserve Bank Credit, Treasury Securities and MBS This chart shows how Reserve Bank credit has increased, as the Fed has continued to add treasury securities to its balance sheet. Image: Wells Fargo Investment Institute
ISM Manufacturing Index and Credit Returns Across Economic Cycles Since 2004
ISM Manufacturing Index and Credit Returns Across Economic Cycles Since 2004 If investors get the ISM Manufacturing right, they do well. Image: J.P. Morgan Asset Management
Average Valuation Percentile: Equity, Bond, Credit
Average Valuation Percentile: Equity, Bond, Credit Chart suggesting that credit and equities look expensive, while bonds are the most expensive. Image: Goldman Sachs Global Investment Research
U.S. High Yield Credit Spreads and Recessions
U.S. High Yield Credit Spreads and Recessions Chart suggesting that there is little recession fear baked into U.S. high yield credit spreads at the moment. Image: J.P. Morgan
U.S. and Euro Area Composition of Corporate Credit
U.S. and Euro Area Composition of Corporate Credit Great chart showing that the U.S. is a market-based financial system, while the Euro Area is a bank-based system with 80% of bank loans. Image: Deutsche Bank Global Research
Survey – Credit Investors: What Are Your Biggest Concerns?
Survey – Credit Investors: What Are Your Biggest Concerns? The latest edition of BofAML credit survey shows that U.S. credit investors are concerned about the 2020 U.S. election, the trade war, and China. Image: BofA Merrill Lynch Credit Investor Survey
A Widening of High Yield Credit Spreads Is Very Useful to Predict a Recession
A Widening of High Yield Credit Spreads Is Very Useful to Predict a Recession Like a yield curve inversion and real interest rates above real GDP, a widening of high yield credit spreads is very useful to predict a recession. At the present time, the bond market is not concerned about credit risk.
Emerging Markets Credit Growth
Emerging Markets Credit Growth Chart showing that credit growth in most emerging markets is still growing at a sustained pace. Image: Oxford Economics