Van Hesser's 3 Things in Credit - A KBRA Podcast KBRA Podcasts

This week, our 3 Things are:
1.    Visibility. We compare today to a year ago.
2.    Financial conditions. The Fed says they’re tight. Are they?
3.    Tech impact. Keep an eye on creative destruction. 

This week, our 3 Things are:
1.   Banks. The FDIC is out with its quarterly assessment. Fresh data on all of those risks you’ve read about.
2.   Corporate versus ABS spreads. There’s been a fairly dramatic move in the differential. We’ll explore.
3.   ECB rate cut. It comes at a time when it forecasts higher inflation. Does that make sense?

This week, our 3 Things are:
1.   Private placements. The Chicago Fed has a surprising take.
2.   Fallen angels. A soft landing should provide … well, you know.
3.   Housing. What’s the latest? 

This week, our 3 Things are:
1.   Fiscal deficits. What do you mean there’s no free lunch?
2.   Seeing around corners. At a time of market ebullience, it’s a worthwhile exercise to think about what could change all of that.
3.   Fundamentals checkup. We’ll have a look under the hood. 

This week, our 3 Things are:
1.   That inflation print. Has the fever broken?
2.   Two economies. The aggregate data and market developments are all good. But that’s not the full story.
3.   Excess savings. That, which has powered the better-than-expected economy, is gone. So says the San Francisco Fed. 

This week, our 3 Things are:
1.     Credit card loan losses. They’re at the highest level in 13 years despite unemployment at historically low levels. Does that make sense?
2.     Bank lender risk appetite. The latest Senior Loan Officer Survey is out. We’ll tell you what you need to know.
3.     Direct lending into the middle market. A new KBRA report, which has gotten a lot of market attention, sheds much-needed light on asset quality trends.