Shades of 2007?

Nice graphic in today’s FT showing the spike in vol and sell-off in risk (Greek bond yields jumped from 5.5% to 9% in the past few days).

I still think this is mostly noise, a normal, and overdue, correction. But, stay tuned….

• 16 Sep, 2016

  Give Us Your Poor

  A large percentage of energy expended at Angeles is in evaluating, analyzing and judging investment managers. It is a ...

• 18 Nov, 2014

  Spreads

  An interesting graphic from Ken Leech of Western Asset showing that spreads in Bondland this year are pretty much ...

• 15 Sep, 2015

  Drop (in the bucket)

  Markets will fluctuate, as Pierpont Morgan caustically observed. And "fluctuate" means down as well as up. Perhaps I, ...