long-term savings systems Marc Faber, Gloom Boom & Doom Report October 1987 crash, perma-bears, bearish, stock market crash, economic recession, S&P 500 crash, The Great Money Illusion; The Confusion Of The Confusions , Riding the Millennial Storm: Marc Faber's Path to Profit in the Financial Markets, Tomorrow's Gold: Asia's Age of Discovery, bubbles everywhere hyperinflation

Covenant Quality Plunges To All-Time Low

Covenant Quality is terrible but is it a long-term trend or skewed because of one month of data?

It’s never been better to be a high-yield issuer or high yield investor. According to Moody’s the US high yield default rate fell to a two-year low in the first quarter amid commodity price stability and lack of debt payment pressures after a long period of bond refinancing and maturity extensions.

Additionally, Moody’s Liquidity Stress Index slumped to its lowest level since November 2014 last month . . .

SORRY!

This content is 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 support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

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 for ValueWalkPremium today and get our exclusive content for 35% off.

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 11/30/2019 or after next 25 13 subscribers take advantage whichever comes first – please do not share this discount with others

 

0