Bloomberg Real Yield 06/21/2024

[@George-jm4rn]

Aronov is great. Clear. Concise. No B.S.

[@Investor965]

Great discssions. Thank you.

[@noremacmada]

2:23 - Talking delinquencies and (2:43) bank earnings 8:03 - Discussing economic scenarios and risk reward in "junk" bonds 9:10 - I recall the Fed chair discussing that when reserves are ample in some sectors they will be abundant in others, and I'm wondering if Bory is anecdotally describing a similar phenomenon. 10:37 - Theory: Aranov questions the yield curve's forecasting capability, and, as I interpret it, implies that the Fed is practicing yield curve control by not tapering meaningfully 11:33 - "Shortcomings" ("doesn't result in bank penalties necessarily")..."just days ahead from a Federal Reserve stress test" (check calendar at end for release details) 15:54 - 3 key "watchwords" for managing economic risks related to credit investing in a soft landing scenario (I'm summarizing: active, selective, short-term) 16:13 - Discussing expected convexity for high duration corporate credit in a rate cutting scenario 16:33 - Aranov discussing entry points 17:52 - Sounds to me like the credit risk hedging markets may be less efficient than those where "value" is less "inexpensive" 19:09 - Monaghan talking credit spread time series data and value 20:17 - Theory: Describing what I would call Sortino ratio maximization (5 second soundbite) 20:37 - Theory: Aranov's portfolio construction thinking 21:55 - Note to self: Macro data Thursday and Friday 22:10 - PCE expectations

[@BlairDeangelis]

Good morning. I registered using your link, please add me to your group.

[@Gadfly2025]

How many predictions 😆😆😆 they all guesses . Boring

[@AKT0B0S]

Oksana nailed it. We are more in need of a hike rather than a cut. But the federal debt needs pervasive inflation in order to be contained. It’s a real shame.