Van Hesser's 3 Things in Credit - A KBRA Podcast KBRA Podcasts
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- ニュース
Each week, KBRA's Chief Strategist, Van Hesser will address three things that caught his attention in credit markets that are relevant to credit investors.
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Big Bank Color, Net Worth Surge, and Treasury Volatility
This week, our 3 Things are:
1. Big bank color. We’ll summarize what some of the largest lenders are seeing in credit.
2. Net worth surge. It’s driving the consumers’ confidence to spend.
3. Treasury volatility. A Fed pivot of the unfavorable kind. -
Hot CPI, Earnings Season, and Event Risk
This week, our 3 Things are:
1. The CPI print. Is it really shocking?
2. Earnings season. A third consecutive quarter of earnings growth is forecast but peel this onion a bit and you’ll find some troubling undertones.
3. Event risk. It’s been relatively quiet. -
Small Business Signals, Single-B Spreads, and Apparel Company Guidance
This week, our 3 Things are:
Small business signals. A good place to look for slowdown.
Single-B spreads at 16-year tights. Does that make sense?
Apparel company guidance. Have you been paying attention? -
Economic Slack, Equity Outlook, and Consumer Lenders.
This week, our 3 Things are:
Slack. It’s growing in the labor and industrial markets.
Equity euphoria. A surprising view of what’s ahead.
Consumer lenders. Risk investors are making a noteworthy distinction. -
U.S. Exceptionalism, C-Suite Confidence, and Banks, a Year Later
This week our three things are:
U.S. exceptionalism. Efficient capital markets are a big part.
C-suite confidence. It’s building.
Banks, a year later. Here’s what we learned, a year after the “March events.” -
Powell’s Dilemma, FICO Rolls Over, and Direct Lending Update.
This week, our 3 Things are:
1. Powell’s dilemma. To cut or not to cut. It’s not just data dependent. We’ll explain.
2. FICO scores. They’ve hooked over for the first time in a decade. What does that mean?
3. Direct lending default and recovery rate surprises. Eric Rosenthal is along to bring you up to date.