ByJohn Tierney
November 12, 2020
In: Hive Exclusives |
Credit
Markets and Investing
US
November 12, 2020Summary High yield credit spreads gapped 80 bp tighter to 422 bp following the election, reaching a target we set in late…
By
Phil Suttle
October 26, 2020
In: Hive Exclusives |
Business & Technology
China
Credit
October 26, 2020The 2020 focus has been bitcoin’s rebound and efforts to develop CBDCs In the middle, the Facebook-led effort to promote stablecoins has…
By
Mehdi Farooq
October 21, 2020
In: Deep Dives |
Business & Technology
Credit
October 21, 2020Article Overview Decentralised finance (DeFi) is a catch-all term for protocols and applications (dapps) in the cryptocurrency space. Where Initial Coin Offerings…
By
John Tierney
October 15, 2020
In: Hive Exclusives |
COVID-19
Credit
October 15, 2020Summary Bank 3Q earnings reports show realized credit losses have yet to rise above pre-Covid levels. Bankruptcy data shows similar pattern. Credit…
By
John Tierney
September 24, 2020
In: Hive Exclusives |
Credit
Equities
US
September 24, 2020With high yield credit spreads near 540bp, is high yield a buy? Moody’s default rate outlook suggests it is, and that it…
By
Bilal Hafeez
September 18, 2020
In: hive-podcasts |
Credit
Economics
FX
Growth & Labour Market
September 18, 2020Macro Hive Conversations With Bilal HafeezEp. 28: Michael Pettis On China Exporting Of Debt, Class War And Role Of Chinese Yuan You…
BySam van de Schootbrugge
September 16, 2020
In: Deep Dives |
Business & Technology
Credit
September 16, 2020The Study in a Nutshell A new BIS paper finds that Big Tech lenders using big data to assess creditworthiness hold informational…
By
Bilal Hafeez
September 11, 2020
In: hive-podcasts |
Business & Technology
Commodities & Energy
Credit
Equities
September 11, 2020Macro Hive Conversations With Bilal HafeezEp. 27: Lyn Alden On Tesla, Finding Quality Stocks And The Impact Of High Debt You can…
By
Alina Eidt
September 04, 2020
In: Hive Exclusives |
Credit
Emerging Markets
September 04, 2020African Sovereign Eurobonds have lagged the broader EM rally Debt sustainability must be assessed on a country-by-country basis Transparency and financial innovation…
ByBilal Hafeez
August 21, 2020
In: hive-podcasts |
COVID-19
Credit
Monetary Policy & Inflation
August 21, 2020Macro Hive Conversations With Bilal HafeezEp. 24: Shahraab Ahmad On New York Real Estate, Corporate Fraud And SPACs You can listen to…
By
Mehdi Farooq
June 09, 2020
In: Podcast Playlists |
Credit
Economics
Emerging Markets
June 09, 2020Kenneth Rogoff thinks that it was an appropriate move to increase debts levels to sustain the economy during the pandemic. He does not see the…
By
Dominique Dwor-Frecaut
May 07, 2020
In: Hive Exclusives |
Credit
US
May 07, 2020Despite its exceptional size, US policy support could disappoint due to poor targeting. With presidential elections in November, this suggests further…
By
John Tierney
April 16, 2020
In: Hive Exclusives |
Credit
April 16, 2020The economic fallout from the coronavirus crisis becomes more apparent by the day. Yet equity markets have rallied impressively off March lows,…
By
Dominique Dwor-Frecaut
April 09, 2020
In: Hive Exclusives |
Credit
Equities
FX
April 09, 2020I am bearish volatility based on the feasibility of restarting economies without rekindling the epidemic and on the policy response…
By
George Goncalves
March 05, 2020
In: Hive Exclusives |
Credit
FX
Monetary Policy & Inflation
US
March 05, 2020In money markets, months, quarters, and even years can pass with little fanfare. And then all of sudden, a new regime sprouts up and events shift rapidly…
By
Mehdi Farooq
February 26, 2020
In: Deep Dives |
Credit
Monetary Policy & Inflation
US
February 26, 2020When the US economy sneezes, every other country catches a cold. Many investors have long felt this, and in recent years academics have provided…
By
Manan Shah
February 21, 2020
In: Podcast Playlists |
Credit
Investment Strategy
February 21, 2020David Lebovitz, Global Market Strategist at JPM Asset Management, and Jonathan Seagull, Co-CIO at High Bridge Capital Management, discusses…
By
Dominique Dwor-Frecaut
February 13, 2020
In: Hive Exclusives |
Credit
Equities
Growth & Labour Market
Monetary Policy & Inflation
February 13, 2020Bad news related to the outbreak of the Novel Coronavirus, COVID19, is unlikely to be fully priced in. Yet over the next few months…
By
Caroline Grady
February 07, 2020
In: Podcast Playlists |
Credit
February 07, 2020Only two companies in the US currently have a AAA rating (Microsoft and Johnson & Johnson). Previously a much larger number of companies…
By
Mehdi Farooq
January 15, 2020
In: Deep Dives |
Credit
Economics
Monetary Policy & Inflation
Rates
January 15, 2020A new paper by Harvard economist Paul Schmelzing, Eight centuries of global real interest rates, R-G, and the ‘suprasecular’ decline, 1311-2018, puts…
By
Bilal Hafeez
December 13, 2019
In: Podcast Playlists |
Credit
Economics
Monetary Policy & Inflation
Rates
US
December 13, 2019Srinivas Thiruvadanthai, Managing Director of the Jerome Levy Forecasting Center, explains how the Fed’s goal of inflation targeting is responsible for high leverage…
By
Mirza Baig
November 12, 2019
In: Hive Exclusives |
China & Hong Kong
Credit
Emerging Markets
Rates
November 12, 2019Foreign investors purchased about USD65bn in Chinese onshore fixed income YTD, a record high. Foreigners now own about USD300bn…
By
Bilal Hafeez
November 06, 2019
In: Deep Dives |
Credit
Rates
November 06, 2019In any given country, government bonds are thought to be safer than corporate ones. After all, governments have the ability to tax or even print money…
By
John Tierney
October 24, 2019
In: Hive Exclusives |
Credit
Rates
October 24, 2019The warning flags are being hoisted. One blog cautions us about a coming blowout in the government and corporate bond markets when…
By
Mirza Baig
October 17, 2019
In: Hive Exclusives |
Credit
Emerging Markets
FX
October 17, 2019The domestic credit crunch in India has extended. This is forcing Indian borrowers to increasingly rely on USD borrowing. India’s credit…
By
Bilal Hafeez
October 10, 2019
In: Hive Exclusives |
Credit
Equities
FX
October 10, 2019We recently introduced our Risk Barometer. It uses risk measures across various markets to determine whether markets are in ‘risk aversion’ or…
By
Sam Bonney
October 10, 2019
In: Hive Exclusives |
Credit
Equities
Growth & Labour Market
October 10, 2019In our last note, we outlined a core view on why the market should once again be moving towards pricing in a…
By
Thorsten Wegener
October 09, 2019
In: Deep Dives |
Credit
Equities
FX
Investment Strategy
Rates
October 09, 2019The Eye of Horus was a symbol used to protect pharaoh in the afterlife and to ward off evil. Exchange ‘afterlife’ with…
