Hints and tips:
Related Special Reports
...“We’ve seen a number of financial institutional investors who put a lot of money into music rights and didn’t make returns because a) they didn’t know the business particularly well and b) they overpaid....
...(The quality measurement uses ratings from firms like Fitch, Moody’s and S&P, which surely could never go wrong.)...
...The role of the vampiric pleasure-seeker that The Weeknd brought to R&B in the 2010s has left Usher’s brand of characterisation marooned in the past. He doesn’t bring much conviction to it either....
...It probably just doesn’t matter, from the point of view of long-term returns, whether you own Berkshire or the S&P. Why, then, should Berkshire exist?...
...In contrast, the S&P 500’s price-to-book ratio is close to the record 5 times it touched in 2021 and 2000 (the Nasdaq’s P/B ratio is close to 7.5 times)....
...“You will ask the librarian what novels are written by Indian people and she will tell you that she doesn’t think there are any.”...
...Anyway, back to the S&P report. They reckon that debt maturities of firms rated single-B or lower will be around $310bn in 2025, rising to $400bn in 2026....
...Such retro notes are evident from this album’s R&B-inflected opener, “Cut My Hair”, where she seductively schemes and sighs: “Good girls are so over-rated.”...
...If anything, Kraemer argues, the credit rating agencies have been rating too generously, evidenced by figures showing the default ratio for B-rated African countries has historically been much higher than...
...If you guessed the navy square (S&P 500), congratulations! And if you didn’t get it right, we can hardly blame you — compound percentages are hard, as is . . . everything else about the quilt....
...“I forget that you feel things jest like I feel,” Huck tells James at first, before finally reflecting, “I don’t like white folks. And I is one.”...
...That sounds like it might be interesting but probably isn’t....
...Digging through the data of S&P Global offers surprising findings. Sub-Saharan African sovereigns rated in the B category between 2010 and 2023 defaulted in 22 per cent of all cases within five years....
...We’re assuming (b) ended up winning there....
...That devotion to the work of Italian violin- and lute-makers can be seen in classic Sonus Faber products such as 1993’s Guarneri Homage....
...“They don’t trust our management in terms of financial discipline or investment policy,” he said about S&P....
...But that doesn’t mean this project, which has already been optioned by the streaming platform Hulu, is a write-off. By the time she hits S, something apparently universal is unfolding....
...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.”...
...As you can see at right, bank credit is still restricted, but spreads don’t care....
...Yet despite its strengths (and a few standalone tracks, including 2021’s acronym-fuelled “FUCK”), you still got the sense that she was biding her time....
...The breathy shimmy of “Good At Breaking Hearts” is enriched by the gorgeous vocals of UK R&B talent JNR Williams....
...You can get a deal done for a double-B senior loan at a 300-350bp spread all day long. That market’s wide open....
...Don’t get me wrong, I love a biker jacket or sheepskin flying jacket, but I somehow feel a little fraudulent wearing them, since (a) I do not have a motorcycle licence and (b) nor do I pilot a biplane....
...Slok: In some cases triple C, even single B credit looks more vulnerable, because those are the firms that are more vulnerable to higher interest rates....
...So everyone piled in and production shot up, but near-term demand hasn’t materialised....
International Edition