Hints and tips:
...With my colleagues Oliver Ralph and Eric Platt, I put this question to Warren Buffett, Berkshire’s chair, in an interview five years ago....
...At nearly 12 per cent it dwarfs the 7.5 per cent that US high-yield bonds pay, and is close to the effective yield of super-junky triple-C bonds....
...Virtu’s shares have fallen almost 10 per cent this year even as benchmarks such as the S&P 500 have rallied....
...By June next year, S&P Global is predicting the US default rate will rise to 4.5 per cent, up from 1.7 per cent at the start of 2023....
...The company’s triple C plus credit rating is one of the lowest assigned by the big rating agencies, with analysts at S&P Global warning its upcoming debt maturities “present significant refinancing risk”...
...Pulte has been one of the best- performing stocks in the S&P 500. Never pick stocks, even in a stupid stockpicking contest, on the basis of superficial research....
...Wilson looks at forward P/E and forward P/sales ratios, comparing current levels to their post-financial crisis medians. Few look cheap....
...Adam Abbas, the co-head of fixed income at Harris Associates, said markets were “effectively” closed for triple-C rated companies looking to raise debt, raising the spectre of “a natural default cycle”....
...The high volatility — which came as the S&P 500 fell into a bear market — benefited many players on Wall Street, and trading revenues at Goldman Sachs, Morgan Stanley and JPMorgan Chase all rose considerably...
...A motivational speech commonly attributed to preacher Eric Thomas....
...The US S&P 500 had a rough 2022, for sure. But it is still up by more than 50 per cent in the past five years. No major European index can come close to that....
...That renders 37 per cent probabilities for A and B, and 13 per cent for C and D....
...The rating agency Fitch assigned a low assessment of triple C minus to the bonds, just one notch above default....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...In September, one particular deal caught the market’s attention: a triple C rated loan from software company BMC that priced with a yield of just 6.3 per cent....
...Additional reporting by Miles Kruppa in San Francisco and Eric Platt in New York...
...Over the past three months, sales of bonds by triple C rated companies have run at a record pace, Melentyev said....
...hotel (Wall Street Journal) S&P’s $44bn IHS deal set to win EU antitrust approval (Reuters)...
...Six of the 10 variants of concern in the UK contain the same E484K mutation — nicknamed Eric or Eek — which alters the surface of the spike protein....
...The credit quality of more than one-tenth of the loans within the benchmark S&P/LSTA leveraged loan index is now judged at C, double C or triple C — ratings that often signal a company is facing severe financial...
...As soon as Dr Anthony Fauci uttered the magic words, stock markets surged....
...So, Dr Mullane said, it was hard to draw too many conclusions....
...Kolodko Angrynomics by Eric Lonergan and Mark Blyth Might Nature be Canadian? by William A....
...Additional reporting by Mamta Badkar, Eric Platt and Hannah Kuchler in New York...
...to the crosswords The following people are winners of the Monday and Saturday puzzles Crossword 16,425: Bill Stewart, Leicester; R Harpur, Herefordshire; Martyn Abbott, Lincolnshire Polymath 1,065: P...
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