Rates Volatility, Idiosyncratic Risks, Geopolitical Events, but Credit still Nosing Up

A Dialogue Around Some Topics

Not Cracks but Idiosyncratic Risk

Intrum - Part 2

It is Continuing

INTRUM and Friends: a Brief Look at Credit

January in Details IG, HY and CLO

Grifols

2023 and 2024 ,the Year of Pivoting

A safe Harbour?

A Safe Carry for 2024? Maybe Not

Stressed or Distressed

Few Weeks Make a Difference

The Numbers don’t Add Up

Stick with the Right Strategies and Let Fantasies Fizzle Out

Small Ideas After Last Week and What We are Going to Face

A strange September or Some Short-Sighted Investors?

What we Know and What we Don’t in this Beginning of September

Wrong Narratives on Rates

Ideas for Summertime

Are we Really Surprised? Or Maybe….

Altice, Again

Unprecedented Times for Refinancing

There is Always a (Right?) Rime for Being Bearish

Keeping the Ideas Straight – Part. 2

Keeping the Ideas Straight

Still in the Spotlight: AT1

Ideas in Springtime

Considering Winds of Change

Irrational Exuberance or Critical Reasoning

CLO Equity: a Nice Spot?

More of the Same

Dreams Make Good Stories, but Everything Important Happens when We Are Awake (Dune)

Consensual Trends Part 2

A Cold Shower

Few Simple Considerations at the End H2 2022

Explaining the Expected that Provoked the Unexpected

Market Evolution and “Considerations En Plein air”: An Update

In Liz We Trust….Or Not?

How Much of the Investors’ Nervousness Is Priced In?

Maybe Too Fast

Samuel Beckett…”..You Must Go On. I Can’t Go On. I’ll Go On” ( 1953 The Unnamable): UK Part2

Pause, Think, Brace for Turbulence

Some Considerations on Accepted Ideas

Walking Dangerously on the Edge

European Credit: Investing Wisely by Answering Four Questions

The Sleeping Pill of Central Banks

If the World Order Is Preserved: US Yield Curve Part 3 and a Point on the European Credit Market

What Surprises Me?

What Is Happening in Europe?

When the Music Stops