2019-12-04 18:23:17| GoldSeek.com News
As the global economy, including the U.S. economy notwithstanding the insistence to the contrary by the Fed and Trump, continues to contract its quite probable that CLOs/leveraged loans will begin to melt-down Chernobyl-style. Referring back to the SPX/CLO bond price chart above, in my view theres no coincidence that the Feds intervention in the repo market commenced at about the same time the triple-B CLO bonds began to take a dive. That price decline is even more pronounced for the tranches with ratings below triple-BBB. To be sure, CLOs are not the only financial wildfire outbreak targeted by the Feds money printing, but I would wager a healthy amount of gold coins that distress in the CLO market is one of the primary troubles right now. And the problem is magnified when you take into account the credit default swap transactions wrapped around these CLO trusts. These derivative trades also require an increasing amount of collateral as CLO tranche distress escalates.
2019-12-04 18:08:19| digg
Is alkaline water really better for you? What do electrolytes actually do? And what is ionized water? Here's what science says.
2019-12-04 08:21:10| The Economic Times
Several party leaders welcomed the order granting bail to the former minister, who has been in custody for 105 days, with Chidambaram's lawyer and Congress colleague Abhishek Manu Singhvi describing the ruling as "excellent light after a rather long tunnel."
2019-12-03 02:54:42| The Economic Times
The truth about investing in cash-cow firmsThe recent debt-related turmoil in India Inc has one underlying theme unsuccessful diversification into non-core areas. Even if the flagship businesses are strong, investors can still suffer value erosion due to failed diversification. An established cash-generating business tends to increase the risk appetite of the promoter or the management.
2019-11-28 20:39:11| Telegraph Business