bonds

Markets love a narrative. But the host of competing narratives leaves equities exposed to downside risk. Remain defensive to manage risk.

A punchy interview that covers pretty much everything that is currently topical in financial markets...

We've repeatedly warned investors of the risks of a second hiking cycle and the fact there is little chance the RBA will cut this year

Listen to Chris' latest thoughts in this new episode of the Complexity Premia podcast

Don't move down the capital structure unless you are comfortable with the company's underlying default risk...

High velocity digital deposits have opened-up big banks to attacks by speculative short-sellers trying to engineer a crisis of confidence

Fed boss J Powell raised rates again this week, despite the backdrop of bank failures and tightening credit. Is this the end of the Fed put?

Write-off of European bank bonds/hybrids is quite common - Credit Suisse is the latest example. But it has never happened in Australia

UBS acquires CS, imposing 89% losses on shareholders from 12mths ago, CS bonds/deposits are unaffected while hybrids are written-off

As central banks close in on their respective terminal rates, bringing the current tightening cycle to an end this year, we look at the trading implications for 2023...