Sell This Credit Rally: Morgan Stanley – ValueWalk Premium
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

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

0