ARE THESE COMPANIES REALLY INVESTMENT GRADE? pic.twitter.com/QXZw2gTLHe
— Win Smart, CFA (@WinfieldSmart) June 22, 2020
There were 44 Potential Fallen Angels in January, per S&P Global Ratings. There are record 126 today. No surprise: The bulk of these entail "sectors most exposed to COVID-19-related social distancing measures." And oil & gas. $ t.co/Xwt7tPHrvQ pic.twitter.com/dxa20M168Q
— Leveraged Loans (@lcdnews) June 21, 2020
EQUITY ANALYSTS ARE WORTHLESS pic.twitter.com/BSi0bArEN7
— Win Smart, CFA (@WinfieldSmart) June 22, 2020
TOURISM pic.twitter.com/e5yKfZvm08
— Win Smart, CFA (@WinfieldSmart) June 22, 2020
Recent rally is often being compared to the year 2009. However, valuations tell a completely different story, at least for US equities. #SP500 pic.twitter.com/omBgvuVHps
— Tomasz Hońdo, CFA (@HondoTomasz) June 22, 2020