CLOs Join The Everything Bubble
The “Everything Bubble” has jumped from hyperbole to literal truth in just a couple of years, as more and more assets enter crazy expensive, extremely reckless territory. The latest addition…
Continue readingThe “Everything Bubble” has jumped from hyperbole to literal truth in just a couple of years, as more and more assets enter crazy expensive, extremely reckless territory. The latest addition…
Continue readingAnd the Orwellian Misnomer of the Year Award for 2020 goes to whoever named the new ETF, “AAA”!
Continue readingDave Kranzler says without the Fed’s intervention, financial meltdown will be ten times worse than in 2008, but that’s coming eventually anyway…
Continue readingIf we don’t give them the ratings, they’ll go to Moody’s right down the block…
Continue readingDave Kranzler is certain there’s rapid deterioration in the CLO/leveraged loan market, but that’s not the only thing behind the money printing…
Continue readingRecently, something unusual happened – the Fed escalated its repurchase agreements…
Continue readingDave Kranzler says the current repo funding shortfall may subside, but it will not fix the underlying cause…
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