Current bear market rally

Sell This Credit Rally: Morgan Stanley

As Morgan Stanley analysts turn tactically cautious on U.S. credit, they recommend that investors sell this rally or at least put hedges in place. Adam Richmond and team said in their March 30 research note titled “Corporate Credit Insights: Fade the Rally” that they believe the risk/reward is less attractive in HY than in IG or loans.
Credit rally leaves risk assets in a "sweet spot" for now
Richmond and colleagues argue that credit has rallied as modestly better economic data has alleviated exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up today and get three months free

Use coupon code 2019VIP or click on the button below

Limited time offer only ENDS TONIGHT or next 20 5 subscribers whichever comes first – please do not share this discount with others