Hints and tips:
...Send me your thoughts: robert.armstrong@ft.com. Can spreads ever be too tight? To the extent that markets people are worried about an overheated market, their concerns are focused on US stocks....
...And B, does that make any sense? Ethan WuYeah. It’s irrational. Yeah. Robert ArmstrongIs it rational? So let’s start with the irrational, which is where the action is, as always....
...Any thoughts welcome: robert.armstrong@ft.com and ethan.wu@ft.com. Tesla and the unsettled EV market Yesterday we wrote about one of two faltering Magnificent 7 stocks, Apple....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email me: robert.armstrong@ft.com. Friday Interview: Torsten Slok Torsten Slok is one of Wall Street’s most closely followed economists....
...For example: “In my view, [public markets aren’t] differentiating enough between office Reits that hold B-tier assets and office Reits that hold A-tier assets.”...
...We like boxes B and C. Will the long end follow the short end down, and why? We can debate how much short rates will come down, but it seems pretty clear that they will fall....
...I’m reporter Ethan Wu here in the New York studio, joined today by liquidity maven Robert Armstrong. Robert ArmstrongI think of myself as the Mobius of liquidity....
...Send us your thoughts: robert.armstrong@ft.com and ethan.wu@ft.com....
...Spreads over Treasuries of triple-B (lowest rung of investment grade) and double-B and single-B (upper parts of high yield) bonds were higher earlier this year, before long term interest rates jumped, and...
...(Armstrong & Wu) One good read A defence of active fund management....
...So money that did go into high yield went into higher quality, including double-B bonds....
...Across weaker companies and weaker properties, capital structures and valuations need updating, but not every B-grade office building is facing the bulldozer....
...Share your economic prayers with us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Let us know who you would like to hear from on future Fridays: robert.armstrong@ft.com and ethan.wu@ft.com....
...If you know, enlighten us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Will higher rates curb buybacks and send the market lower?...
...Out of desperation, they turned to young talent inspired by European cinema and weird B-movies — including Robert Evans, Martin Scorsese, Francis Ford Coppola and the rest of the American New Wave....
...Is it A) 27 per cent, B) 48 per cent or C) 95 per cent? Robin Wigglesworth I know they’re up a lot this year, aren’t they, Alex? Alexandra Scaggs Yeah. Yeah, I think....
...B (recession and high inflation, or stagflation): 10 per cent....
...(Wu & Armstrong) One good read How crypto gains are spent (hat tip Tyler Cowen)....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Russia’s uprising: irrelevant, incomprehensible, or something else?...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Unhedged will be off Monday and Tuesday for Independence Day....
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